Question: 9 marks 4. Given below is the adjusted trial balance of a Company dated 31* December 2018. Name of the Account Debit Credit Machinery supplies..

 9 marks 4. Given below is the adjusted trial balance of

9 marks 4. Given below is the adjusted trial balance of a Company dated 31* December 2018. Name of the Account Debit Credit Machinery supplies.. 5000 Accounts payable... 15000 Maintenance charges payable 4000 Building .... 254000 Unearned Commission Revenue 15000 Tax payable.. 8000 Equipment 60000 Prepaid interest 5000 Office building .. 90000 Insurance expense 12000 Accumulated depreciation-Equipment 7000 Cash.... 50000 Rent Revenue earned. 19000 Inventory....... 105000 Notes payable. 50000 Lease rent expense 15000 Sales Revenue earned 350000 Depreciation expenses 19000 Owner's Capital.. 200000 Water charges expense 8000 Owner's Withdrawals 45000 Total 668000 668000 Prepare the following: a. Income statement b. Owner's equity statement. Assume that there were no additional investments made by the owner during the year. c. Balance sheet

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