QUESTION 1: Unisex Hairdressing Salon TRIAL BALANCE AS AT 31 MAY 20x3 Details Real Accounts Bank...

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QUESTION 1: Unisex Hairdressing Salon TRIAL BALANCE AS AT 31 MAY 20x3 Details Real Accounts Bank Capital Fol. Debit Drawings Premises Operations equipment Cash Loan from Trust Bank Accounts receivable Accounts payable Nominal Accounts Rent income Fee income Consumable stores Wages and salaries B1 B2 56 000 00 B3 5 000 00 B4 80 000 00 B5 10 000 00 B6 100 00 B7 15 000 00 B8 150 00 B9 2 500 00 Credit 1 350 00 N1 12 000 00 Office cleaning expense Stationery Interest on loan 2222N 24 000 00 N3 1 400 00 N4 10 000 00 N5 400 00 N6 600 00 N7 500 00 EQUIRED: 109 500 00 109 500 00 Use the trial balance of Unisex Hairdressing Salon as at 31 May 20x3, to draft the: 1. The Income Statement 2. The Balance Sheet QUESTION 2: nswer the question that follows: [30] (15) (15) [60] QUESTION 1: Unisex Hairdressing Salon TRIAL BALANCE AS AT 31 MAY 20x3 Details Real Accounts Bank Capital Fol. Debit Drawings Premises Operations equipment Cash Loan from Trust Bank Accounts receivable Accounts payable Nominal Accounts Rent income Fee income Consumable stores Wages and salaries B1 B2 56 000 00 B3 5 000 00 B4 80 000 00 B5 10 000 00 B6 100 00 B7 15 000 00 B8 150 00 B9 2 500 00 Credit 1 350 00 N1 12 000 00 Office cleaning expense Stationery Interest on loan 2222N 24 000 00 N3 1 400 00 N4 10 000 00 N5 400 00 N6 600 00 N7 500 00 EQUIRED: 109 500 00 109 500 00 Use the trial balance of Unisex Hairdressing Salon as at 31 May 20x3, to draft the: 1. The Income Statement 2. The Balance Sheet QUESTION 2: nswer the question that follows: [30] (15) (15) [60]