please help! i've been stuck on this qn for a while. 11346Larissa runs a consultancy agency. The following trial balance was extracted from the booksof Larissa business on 31 March 2022.$Delivery van PO (NCA)Office equipment Po (NCA)Cash at bank po ((A)Cash in hand po (CA)Trade receivables Po (CA)Bank loan PO (NCL)Trade payables po (CL)Fee income peCommission incomeRental income pePrinting and stationery pe (exp)Insurance pe (exp)pe2Wages and salaries pe (exp)Repairs expense pe (exp)Utilities pe (exp)Discount allowed pe (exp)Drawings po (OE)Capital, 1 April 2021 po (OE)$127 2005 9505 8002 50019 5001 20025 00053 9003 9003 7801 800200Additional information at 31 March 2022Wages and salaries paid was for 14 months up to 31 May 2022.2 Repairs expense of $200 was still owing.Rental income of $600 was received on 1 January 2022. The sum was for the period1 January to 31 March 2022.Monthly commission income was $350.5 An invoice of $500 for consultancy service was issued. This was not recorded in the books.This was notLarissa withdrew $6 000 from the business bank account for personal use.recorded in the books.250 730100 0008 40096 8003 2002 40039 930250 730AREQUIRED(a) Prepare the statement of financial performance for the year ended 31 March 2022.(b) Prepare the statement of financial position as at 31 March 2022.

Statement of Financial Performance The entire economic results of a corporation is examined in a…

Answered: REQUIRED (a) Prepare the statement of…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Hello, Everytime I make the calculation of the attached pic from step 2 I found different value than " = 438.67 " Can you make it more detailed preferably into several steps of to make it easier for calculation ?
Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!
Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!
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Oh no! Our expert couldn't answer your question. Don't worry! We won't leave you hanging. Plus, we're giving you back one question for the inconvenience. Here's what the expert had to say: Hi and thanks for your question! It looks like you're asking for help with using the site. You can reach our support team at the Contact Bartleby link at the bottom of the page. We've credited a question back to your account. Apologies for the inconvenience. Ask Your Question Again 13 of 30 questions left until Nov 14, 2021 Question complete a horizontal analysis for brown company. (negative answers should be indicated by a minus sign. leave no cells blank - be certain to enter "0" wherever required. round the "percent" answers to the nearest hundredth percent.) Current assets: 2020 2019 Increase (decrease) amount? Percent? Cash $14,150 $9,300 ?? Accounts receivable 16,950 12,800 ?? Merchandise inventory 18,050 21,450 ?? Prepaid advertising 52,600…

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REQUIRED (a) Prepare the statement of financial performance for the year ended 31 March 2022. (b) Prepare the statement of financial position as at 31 March 2022.