(25 MARKS) QUESTION FIVE The information given below was extracted from the accounting records of Gypsey Traders on 28 February 2015, the end of the financial year REQUIRED Use the ra Balance and additiona nfrmation to prepare the Statement of Comprehensive Income for the year ended 28 February 201.5 INFORMATION FINANCIAL STATEMENTS Gypsey Traders PRE-ADJUSTMENT TRIAL BALANCE AS AT 28 FEBRUARY 2015 Debit (R) Credit (R Balance Sheet accounts section Capital Drawings Land and buildings Equipment at cost Accumulated depreciation on equipment Fixed deposit: Mod Bank (10% pa) Trading inventory Debtors control Bank Cash float Creditors control Loan: Mod Bank (16% pa) 442 700 131 870 332 000 68 000 30 000 15 000 81 000 23 630 145 000 700 22 700 44 000 Nominal accounts section Sales Cost of sales Sales returns Salaries and wages Rent income Commission income Stationery Advertising Telephone Electricity and water Bank charges Insurance Repairs and maintenance nterest on loan Sundry expenses 881 000 448 000 14 000 90 000 15 600 1 000 3 600 24 600 8 600 11 800 1 300 7 400 4 000 6 000 20 500 1 437 000 1 437 000