Financial statements adjustments for statement of financial performance and position is relatively easy IF you understood what is required in the additional information section. I am not going to be talking about understanding the phrasing in the additional information but rather what should be the adjustments be like once you are able to identified what is tested in the additional information. 

It would be rather common to see this – Eg, Insurance expenses outstanding amounted to $2,000 for the financial year ended. 

This would be a common phrasing to indicate that there is an insurance expense payable. 

Once you identified the additional information, you can adjust the numbers in the question easily to obtain the new numbers. To adjust the numbers, i had developed a simple paper (below) to help you guys adjust the information. Hope it helps you with financial statements adjustments! 

Comment below if you need to ask me any questions and feel free to contact me for any help!