Reference no: EM132642989

Question - Given account name and balance

Accounts receivable 100

Prepaid rent expense 20

Unearned revenue 10

Accrued expenses 20

Wages payable 30

Bank overdraft 50.8

Interest expense 20

Rent expense 10

Utilities expense 20

Wages expense 30

Depreciation expense 5

Motor vehicles 50

Fixed deposit, matures 30 June 2022 60

Bank loan, due 1 January 2025 100

Drawings 71.2

Capital 20

Profit 71

Interest revenue 6

Cash revenue 50

Credit revenue 100

Required - Prepare the equity section of the balance sheet only.