Miraculous Marketing is owned by Margaret Miraculous and provides marketing services. The unadjusted trial balance on 30

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Miraculous Marketing is owned by Margaret Miraculous and provides marketing services. The unadjusted trial balance on 30 June 2025 below was prepared by her accountant.


The following additional information is available at 30 June.

1. Unused supplies on hand on 30 June totalled $1600.

2. The Unearned Fees account includes $7100 received for fees earned during June.

3. Estimated depreciation on the office equipment is $17 200.

4. Insurance costing $6500 was consumed during the year.image text in transcribedimage text in transcribed

Required
(a) Prepare a 10-column worksheet for the year ended 30 June 2025.
(b) Prepare an income statement , a statement of changes in equity and a balance sheet.
(c) Journalise the closing entries.

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Related Book For  book-img-for-question

Accounting

ISBN: 9780730382737

11th Edition

Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie

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