A) Below find a pre-adjusting trial balance of Lockdown Entity until 31 March 2019. The accountant asked for your assistance with the preparation of the financial statements of Lockdown Entity for the reporting period ended 31 March 2019:

1. On 3 October 2018 Receivable Shoprites debt was written off as irrecoverable. (This write-off has already been appropriately recognised.) On 31 March 2019 the liquidator of Receivable Shoprites insolvent estate deposited an amount of N$19 200 directly into Lockdowns bank account by means of an EFT. This amount is Lockdowns portion of a liquidation distribution made to Receivable Shoprites payables.
2. An inventory count of Trading Inventory on hand on 31 March 2019 determined that the cost of Trading Inventory on hand amounted to N$15 000.
3. An inventory count of stationery on hand on 31 March 2019 determined that the cost of stationery on hand amounted to N$13 000.
4. The water and electricity account for March 2019 to the amount of N$5 300 was received on 10 April 2019 from Payable City of Windhoek and is payable before 20 April 2019.
5. The March 2019 payroll still needs to be accounted for. The following amounts were extracted from the payroll for March 2019:

- Gross salaries: N$84 000

- Net salaries: N$52 000

The net profit or (loss) figure for Lockdown Entity amounts to:

a.19 200

b. 218 900

c. 18 300

d. 657 500

B) Below find a pre-adjusting trial balance of Lockdown Entity until 31 March 2019. The accountant asked for your assistance with the preparation of the financial statements of Lockdown Entity for the reporting period ended 31 March 2019:

the table is the following of the a above table

ADDITIONAL INFORMATION:

1. On 3 October 2018 Receivable Shoprites debt was written off as irrecoverable. (This write-off has already been appropriately recognised.) On 31 March 2019 the liquidator of Receivable Shoprites insolvent estate deposited an amount of N$19 200 directly into Lockdowns bank account by means of an EFT. This amount is Lockdowns portion of a liquidation distribution made to Receivable Shoprites payables.
2. An inventory count of Trading Inventory on hand on 31 March 2019 determined that the cost of Trading Inventory on hand amounted to N$15 000.
3. An inventory count of stationery on hand on 31 March 2019 determined that the cost of stationery on hand amounted to N$13 000.
4. The water and electricity account for March 2019 to the amount of N$5 300 was received on 10 April 2019 from Payable City of Windhoek and is payable before 20 April 2019.
5. The March 2019 payroll still needs to be accounted for. The following amounts were extracted from the payroll for March 2019:

- Gross salaries: N$84 000

- Net salaries: N$52 000

The gross profit figure for Lockdown Entity amounts to:

a. N$852 000

b. N$2 054 000

c. N$620 000

d. N$252 000

DR CR N$ N$ Sales 2 724 000 1 872 000 Purchases Freight in 12 000 Returns Inwards 50 000 Return outwards 15 000 37 450 Credit losses/ Bad debts Rent expense 74 450 120 000 Stationery Employee Benefit expenses 245 000 Water and electricity 58 300 46 000 Depreciation Inventory (1 April 2018) 200 000 DR CR N$ N$ Sales 2 724 000 Purchases 1 872 000 Freight in 12 000 Returns Inwards 50 000 15 000 Return outwards Credit losses/ Bad debts 37 450 Rent expense 74 450 Stationery 120 000 Employee Benefit expenses 245 000 Water and electricity 58 300 Depreciation 46 000 Inventory (1 April 2018) 200 000