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5.2 The following trial balance is for Springbok Traders (Pty) Ltd as at their financial year end 30 June 2019. Debit Credit Drawings Shareholder's Capital
5.2 The following trial balance is for Springbok Traders (Pty) Ltd as at their financial year end 30 June 2019. Debit Credit Drawings Shareholder's Capital Land and Buildings Cost 940 000 150 000 545 000 Vehicles Cost 470 000 Computer Equipment Cost 130 000 Accumulated Depreciation on Vehicles 321 000 Accumulated Depreciation on Computer Equipment Fixed Deposit Debtors Stock Staff Loans Bank 87 500 123 500 134 560 237 560 15 000 Long Term Loan: Capital Bank Accrued Expenses Creditors Sales Cost of Sales Motor Insurance Salaries and Wages Stationery PAYE/UIF/SOL Fuel Interest on Loan Interest on Fixed Deposit Discount Received Bad Debts Recovered 21 360 250 000 32 000 215 000 790 500 435 000 24 500 326 000 8.800 37 540 47 000 5 700 4 500 4 400 23 900 2 690 160 2 690 160 Required: Prepare the Statement of Comprehensive Income and the Statement of Financial Position for Springbok Traders (Pty) Ltd as of 30 June 2019. Use the template provided on the diagram sheet. [35]
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