The following account balances for the year ended 31st

December #4505
The following account balances for the year ended 31st December 2013, relate to Tan Pty Ltd.
Additional information at 31 December 2013:• Fees of $200,000 included in the above balance
of $6,000,000 are an advance payment for a job that will be started in January 2014. •
Equipment has not yet been depreciated for 2013. It has a useful life of six years and is
depreciated on a straight-line basis.• Tan Pty Ltd is a non-reporting entity and its accounting
reports are prepared for internal use only.Required:Prepare for Tan Pty Ltd:a) An income
statement for the year ended 31 December 2013.b) A statement of changes in equity for the
year ended 31 December 2013.c) The shareholder's equity section of the balance sheet as at
31 December 2013.View Solution:
The following account balances for the year ended 31st December

ANSWER
http://paperinstant.com/downloads/the-following-account-balances-for-the-year-ended-31st-
december/

1/1
Powered by TCPDF (www.tcpdf.org)