This information relates to Rosies Rentals Pty Ltd for the year 2015: Required After analysing the data,
Question:
This information relates to Rosie’s Rentals Pty Ltd for the year 2015:
Required
After analysing the data, prepare a statement of profit or loss and a calculation of retained earnings for the year ending 31 December 2015.
Transcribed Image Text:
Retained earnings, 1 January 2015 Advertising expense Dividends paid during 2015 Rent expense Hire revenue Electricity expense Wages expense Share capital $ 90 000 3 000 14000 20 200 140 000 4800 56 000 40 000
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Statement of Profit or Loss for the Year 31 December 2015 RevenueHire Revenue 140000 ExpensesAdve...View the full answer
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Related Book For
Financial Accounting Reporting Analysis And Decision Making
ISBN: 9780730313748
5th Edition
Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong
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