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10. The following trial balance was extracted from the books of s Moyo at the close of business on 30 September 2022. Additional information (a)

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10. The following trial balance was extracted from the books of s Moyo at the close of business on 30 September 2022. Additional information (a) Stock 30 September 2022 P12 000. (b) Wages and salaries accrued at 30 September 2022 P1 700. (c) Rent prepaid at 30 September 2022 P1 150. (d) Van running costs owing at 30 September 2022 P360. (e) Increase the provision for doubtful debts by P455. (f) Provide for depreciation as follows: Office furniture P1 900; Delivery van P6 250. Required: a) From the above information, prepare the income statement for the year ended 30 September 2022. (10 Marks) b) From the same information above, prepare the statement of financial position as at 30 September 2022 (10 Marks) 10. The following trial balance was extracted from the books of s Moyo at the close of business on 30 September 2022. Additional information (a) Stock 30 September 2022 P12 000. (b) Wages and salaries accrued at 30 September 2022 P1 700. (c) Rent prepaid at 30 September 2022 P1 150. (d) Van running costs owing at 30 September 2022 P360. (e) Increase the provision for doubtful debts by P455. (f) Provide for depreciation as follows: Office furniture P1 900; Delivery van P6 250. Required: a) From the above information, prepare the income statement for the year ended 30 September 2022. (1 Marks) b) From the same information above, prepare the statement of financial position as at 30 September 2022 (10 Marks)

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