Special Purpose Report:
Instructions - You are required to prepare a special-purpose financial report for the start-up one-person architectural service business owned by you. You may use the financial template provided in this paper, or you can use any format of financial report.
Basic information:
Business structure: Sole Trader.
Business Industry: Architectural Services.
Start date: 1 July 2019.
Ignore GST and Income tax.
Transactions are given. Use your own amounts (the amount should be multiples of $100 and the maximum of $100,000).
Special purpose Report - TABLE OF CONTENTS
1. The Chart of accounts
2. Trial balance as at 31 May 2020
3. Transactions for the month of June 2020& Year End Adjustments
4. General Journal
5. General Ledger
6. Accounting Worksheet
7. Adjusting Journals
8. Closing Journals
9. Financial Statements
9.1 Income Statement
9.2 Statement of changes in equity
9.3 Balance Sheet
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