CLASS ACTIVITY 1. From the following balances of JAMAL Plc., as at 31.12.18 Prepare Financial statement. DEBIT CREDI T RO 000 RO'000 Revenue- 21978 Cost of sales 14958 Administration expenses 1740 Selling and Distribution Expenses- 2958 Trade receivables 1380 Trade payables 2346 Equipment (31.12.18) 18900 Accumulated depreciation: Equipment (1.1.18) 5940 Cash at bank Retained earnings (1.1.18) Bank loan Inventories (31.12.18) 36 3468 3000 1620 Share capital (1) 4860 41592 41592