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To complete the accounting cycle for that month of June, you are now requested to organize the subsequent monetary statements:
Statement This Site of adjustments in equity. This statement shows the movements in equity in excess of the month of June.
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Given that the closing entries happen to be journalised and posted, you will be necessary to prepare a post-closing trail balance. This trail harmony is prepared being a ultimate Look at that closing entries have been journalised and posted properly.
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Equilibrium sheet. This statement reviews the economic posture in the business enterprise at the end of June. It offers the belongings, liabilities and fairness of the small business as at 30 June 2016.