+ ** +-+ --- * Expensie GAY Salaries... ++ + 7 persive Printing, stationery and advertising... Expensive-Bad debts... Tac Discount received... Discount tecileved is thet a 3 Rethy incards or sales return. QUESTION 1 The trial balance of MAAME KYEI Enterprise as at Dec 31, 2015 was as follows: Inventory /stor Ghe Ghe Inventory at Jan 1, 2015... 18,400 Purchases... 60,080 Purchase returns... 240 Cash in hand... 13240 Cash at bank... 10,084 Land and building at cost... 15,440 Electricity... 836 112 Accountancy charges... 656 Delters - Sundry receivables... 100 erella's Sundry payables... 11,868 Wages... 10,700 3,500 900 anal Ry Capital account at Jan 1, 2015... 45,860 Drawings... 3,000 ypad Discount allowed... 1 S 2,520 1,840 83,580 Office furniture at cost... 2000 Rent, rates and insurance... ... 1,600 Sales returns... 220 143 388 143,388 The following matte are to be taken into account: Inventory at Dec 31, 2015, Gh20,800. Required: Prepare for Maame Kyei Enterprise: (c) Income statement for the year ended Dec 31, 2015; and (15 marks) of financial position as at Dec 31, 2015 (10 marks) son experete (IS les figure returns return picioards --- Asses+Sales osing Aflatement add it