ACTIVITY 3.3.2 Trial Balance of Fleet Company (extract) as at 31 March 2018 Debit (5) Credit (5) Profil and Loss Appropriation (01/04/2018) 420 Provision for laxation (over provision) 245 Inventories (14 April 2017) 9 220 Purchases 33 450 Purchases Returns 800 Rent on premises 6 500 Power and lighting 1380 Customs duty 2460 Office salaries 12 620 Audit fees 760 Repairs to motor vehicles 1870 Interest on debentures 3000 Discount revenue 320 Sales 110 000 Sales returns 900 Commission revenue 320 Directors' fees 3 900 Interim dividend paid 8 000 Goodwill 10 000 Adjustments necessary at 314 March 2018 1. Provide for income tax $7000 2. Interest on debentures accrued $2500 3. Provision for doubtful debts to be created $190 4. Provision for final dividend $10 000 5. Write off goodwill $2000 6. Inventories at 31st March 2018 S12 300 Required: Use the information provided to prepare: a. General journal entries for adjustments. b. Statement of Financial Performance of Fleet Company for the year ended 314 March 2018 c. Profit and Loss Appropriation Statement of Fleet Company for the year ended 31 March 2018