Question: i need help with a part here Homemart a small converience stare with the lagai tates of a sole proprietorship has an accourting year end

i need help with a part here i need help with a part here Homemart a small converience stare

Homemart a small converience stare with the lagai tates of a sole proprietorship has an accourting year end date of 30 September. Below are the belances from the bocks of Homemart as at 30 Septerrber 2921 The following information is to be trken into accourt: Note 1, During the year ended 30 September 2021. the owner of Hamemant bok goods costing Povi, 900 for his own use. No entries were made in the acsounting reconts. An periodio imentory system was usod. Mote 2. Equiprrent was sevalued al ReM2.340 on 30 Sectertber 2m21. There were no sales or purchases of equpment duritg the year. SCMOOL. OF BUSTNESS Note 3 A bank stadement received on 30 September 2021 inclused an entry for bark insirest of RM1.550 on the bark overdint. No sorthes were made in the Homemart's. accounting rocords. Note 4. The insurance indudes RuQ.400 fer insurance of the srerrises. This represerts insuratce cover for sudeen months io 31 daruary 20122 Additional information Hamemart was unatie to conduct a yeat end stock count and as such secided to determine the closing stock by a reconclusion of the stock necords. Homemart marks up its slock by 25% to detemine its seling price. Required a. Show the adjustments requred to reflect the infontution in the Notes 1, 2,3, and 4. Arsavers for each note are to be showe in four atups. Step 1 - identily affected ledger aconunt Step 2 - Wonkings fo anyl to reflect the adustment Stop 3- Joumal ontries to adjust the ledgor accounts Step 4 - Adjusted amount to trartiler io the acfusted trial bulance or francied stecemierts b. Determine Homemat's dosing imvoribry c. Propare the Stakersent of Proti cr Loss for the ywar endid March 312022 and the Statement of Chargis in Equity. and the Statemert of Francial Posifion as at March 312022. Uee the templates below. Do Not add or remove line tens trom the teriplate

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