Question

On January 1, 20XX, Atika Sharma set up Smart Analytics Company investing 100,000 in sharecapital. The activities of the business resulted in the following revenues and expenses for 20XX:revenue from services, 108,000; office rent, 313,100; electricity, 39,000; salaries, 312,300; cloud storage23,600. The following were the assets and liabilities of the business on December 31, 20XX: equipment380,000; supplies, 314,500; trade receivables, 13.000; cash, 3,900; rent deposit, 100.000; long-termloan payable, 244,000; trade payables, 19,200. During the year, the company paid a dividend of 16,800and Ms. Sharma made a further equity investment of 5,000 in the business.Prepare the 20XX balance sheet and statement of profit and loss.​

Answer 1

Answer:

sorry I didn't know your question