D Talbingo operates as a landscape gardener and has provided the following account balances (see figure 9.68). For this service business you are required to:

• write next to each account name the account/statement and group abbreviations

• prepare an income statement for the year ended 30 June 2022

• prepare a balance sheet.

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PL PL R Exp Account Balances of D Talbingo as at 30 June 2022 Accounts Receivable Motor Vehicle Bank Overdraft Accounts Payable Capital Fees from Landscape Gardening Discount Received Purchase of Sand, Soil and Cement Purchase of Bush Rock and Plants Wages to Assistant Landscaper Depot Rent Depot Electricity Office Rent Office Electricity Office Wages Advertising Vehicle Expenses Other Office Expenses Interest on Overdraft 6580 24980 1081 1890 5064 75330 110 6840 8390 21580 2370 750 1660 210 4720 350 4325 180 540