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Case 3 You were given the ledger balances of Haya minerals LLC Oman for the year ended December 31, 2019: Accounts Cash in hand Cash
Case 3 You were given the ledger balances of Haya minerals LLC Oman for the year ended December 31, 2019: Accounts Cash in hand Cash at Bank Carriage outward Salary Salary payable Amount (OMR) 125,500 145,500 20.000 40,000 18.000 Sales Plant Machinery Rent Rent outstanding Goodwill Bank overdraft Uneamed Revenue Commission paid Creditors Interest Paid Interest Received Travelling allowances Bills Payable Retained camnings Office Supplies Capital Drawings Prepaid insurance Interest payable Insurance expense 195.000 240,000 70.200 60.000 30,000 50.500 137,500 110.000 25.000 47.000 17,000 40,000 24.000 1,35,000 40.500 47.200 1.93,700 58.000 34.000 34,200 24,000 Required: Prepare the following: a. Income Statement Marks) b. Statement of Changes on Owner's Equity (2 Marks) A. Income Statement for the year ended 31" December, 2019 B. Statement of Owner's Equity
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