Toy Industry has provided you with the Account Balances as at 30 June 2017

Toy Industry has provided you with the Account Balances as at 30 June 2017. The balances and additional information is provided belowSales 160,000Inventory 30/06/2017 : 50,000Cost of goods sold 100,000Wages 15,000Advertising 2,500Telephone 700Rent 21,000Petrol 2,800Insurance 1,800Bank 4,000Accounts receivable 5,800Motor vehicle 10,000Accumulated depreciation on motor vehicle 2,500Accounts payable 2,500Mortgage 29,000GST paid 2,200GST collected 1,800Capital Unknown
Additional information• Prepaid rent $3,000• Accrued wages $5,000• Depreciation on motor vehicle $2,500
Required: (a) Pre-adjusted Trial Balance(b) Adjustments in the general journal(c) Income Statement(d) Balance Sheet


Additional information • Prepaid rent $3,000 • Accrued wages $5,000 • Depreciation on motor vehicle $2,500 Required: (a) Pre-adjusted Trial Balance (b) Adjustments in the general journal (c) Income Statement (d) Balance Sheet