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Accounting

Title: Accounting for James Ltd: Journal Entries, Adjusted Trial Balance, and Financial Statements for the Year Ended 30 June 2019

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Required
Prepare the journal entries (in general journal form) required by items 1–10 above.
Prepare the adjusted trial balance as at 30 June 2019.
Prepare the statement of profit or loss and other comprehensive income, with expenses classified by function, for James Ltd for the year ended 30 June 2019 in accordance with the requirements of IAS 1/ AASB 101.
Prepare the statement of changes in equity for the year ended 30 June 2019 in accordance with the requirements of IAS 1/AASB 101.
Prepare the company’s classified statement of financial position as at 30 June 2019 in accordance with the requirements of IAS 1/AASB 101, using the current/non−current classification.

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