Question: Question Completion Status: as moving to the next question prevents changes to this answer. estion 6 Michael Don owns an equipment hire business under the
Question Completion Status: as moving to the next question prevents changes to this answer. estion 6 Michael Don owns an equipment hire business under the name Safety Hire. Financial data for Safety Hire Account Accounts receivable Balance (5) of 30 June 2019 are sh Wages expense 73,000 Equipment hire income 78,000 Advertising expense 200,000 32.000 Prepaid insurance Accounts payable 19.000 Insurance expense $8,000 7,000 Cash at bank Equipment 18,000 190,000 Michael Don, capital Required a) Prepare an income statement for the business for the year ending 30 June 2019 b) Prepare a balance sheet in narrative format for Safety Hire as at 30 June 2019 c) Prepare a statement of changes in Equity for the year and determine Michael Don's capital at 30 June 2018? You may wish to copy paste the following template for your
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