Question: prepare a fully classified income statement using the adjusted trial balance provided Credit ($) Prepaid Insurance Freight outwards Purchases Drawings The Roasted Onion Adjusted Trial

Credit ($) Prepaid Insurance Freight outwards Purchases Drawings The Roasted Onion Adjusted

prepare a fully classified income statement using the adjusted trial balance provided
Trial Balance For the year ending 30 JUNE 2023 Debit ($) 5,400

Credit ($) Prepaid Insurance Freight outwards Purchases Drawings The Roasted Onion Adjusted Trial Balance For the year ending 30 JUNE 2023 Debit ($) 5,400 4,560 Accumulated Depreciation - delivery van Purchase returns & allowances Sales Accounts Receivable Discount allowed Store Equipment Accounts Payable Cash at Bank Accumulated Depreciation equipment Loan Payable Sales returns & allowances Freight inwards Interest expense Inventory (1 July 2022) Delivery Van Capital Discount received Salaries expense TOTAL - store 457,800 49,650 59,790 89,040 49,920 33,300 9,390 4,860 134,910 22,320 203,640 1 128 660 9,330 29,160 846,180 29,100 26,340 34,200 151,920 2,430 1 128 660

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