Alanis Limited compiles its financial statements to 31 December each year. At 31 December 2017, the company's

Question:

Alanis Limited compiles its financial statements to 31 December each year. At 31 December 2017, the company's Trial Balance was as follows:

image text in transcribed

image text in transcribed

image text in transcribed

Requirement:

(a) Prepare the statement of profit or loss and other comprehensive income for the year ended 31 December 2017 of Alanis Limited and the statement of financial position as at that date.

(b) Prepare a statement of changes in equity for the year ended 31 December 2017 of Alanis Limited.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: