Prepare the statement of profit or loss and other comprehensive income

In preparing the financial statements for this assignment, you are advised to comply with AASB standards and the requirements in the Australian Corporations Legislation when determining the structure and presentation requirements for the financial reports. A. Prepare the journal entries required by items i to xi above. (15 marks) B. Prepare the adjusted trial balance as at 30 June 2017. (15 marks) C. Prepare the statement of profit or loss and other comprehensive income (30 marks) with expenses classified by function for the year ended 30 June 2017. (Everything required to be presented on the face of the financial statements, no notes required) D. Prepare the statement of change in equity for the year ended 30 June 2017. (10 marks) E. Prepare the company’s statement of financial position as at 30 June 2017