financial statement for this

QUESTION THREE [301 The following extracts of the financial statements of Rockgrip tindustries were presented to you: Statement of Comprethensive income (lncome statement) for the year ended 30 June: Statement of Financial Position (Balance sheet) as at 30 June: Additional information: 1. All sabs and purchases are made on credt. 2. Depreciation included in operating experses for the year ending 30 June 2020 : OHfice machinery R200 000 and Motor vehicles th240 000 . No asset was sold during thin period. 3. Invertories for the year ending 30 June 2018 amounted to Re60 000 . 4. Dividend declared for the year ended 30 June 2020 anounted to P260 000 . 5. The ordinay shares have a par value of R1. 1. All sales and purchases are made on credit. 2. Depreciation included in operating expenses for the year ending 30 June 2020 : Office machinery R200 000 and Motor vehicles R240 000 . No asset was sold during this period. 3. Inventories for the year ending 30 June 2018 amounted to R460 000. 4. Dividend declared for the year ended 30 June 2020 amounted to R360000. 5. The ordinary shares have a par value of R1. QUESTION THREE [30] The following extracts of the firandal stakments of Rockgry houtsies were presented to you: Statement of Comprehensive income (Income statement for the year onded 30 June: Statement of Finaneial Pasition tralance sheeti as at 30 June: 1. All sales and purchases are made on create 2. Deprociabion included in operating expenses for the year ending 302 2ne 2020 . Ollice machinery R200 000 and Molor vehicles Pe40 000 . No asset was sold during this period. 3. Inventories for the year ending 30 June 2018 amourted to R.650 000 4. Dividend deciared for the yeat ended 30 dune 2020 anourted to R360 000 . 5. The ordinary shares have a par value of R1. QUESTION THREE [301 The following extracts of the financial statements of Rockgrip tindustries were presented to you: Statement of Comprethensive income (lncome statement) for the year ended 30 June: Statement of Financial Position (Balance sheet) as at 30 June: Additional information: 1. All sabs and purchases are made on credt. 2. Depreciation included in operating experses for the year ending 30 June 2020 : OHfice machinery R200 000 and Motor vehicles th240 000 . No asset was sold during thin period. 3. Invertories for the year ending 30 June 2018 amounted to Re60 000 . 4. Dividend declared for the year ended 30 June 2020 anounted to P260 000 . 5. The ordinay shares have a par value of R1. 1. All sales and purchases are made on credit. 2. Depreciation included in operating expenses for the year ending 30 June 2020 : Office machinery R200 000 and Motor vehicles R240 000 . No asset was sold during this period. 3. Inventories for the year ending 30 June 2018 amounted to R460 000. 4. Dividend declared for the year ended 30 June 2020 amounted to R360000. 5. The ordinary shares have a par value of R1. QUESTION THREE [30] The following extracts of the firandal stakments of Rockgry houtsies were presented to you: Statement of Comprehensive income (Income statement for the year onded 30 June: Statement of Finaneial Pasition tralance sheeti as at 30 June: 1. All sales and purchases are made on create 2. Deprociabion included in operating expenses for the year ending 302 2ne 2020 . Ollice machinery R200 000 and Molor vehicles Pe40 000 . No asset was sold during this period. 3. Inventories for the year ending 30 June 2018 amourted to R.650 000 4. Dividend deciared for the yeat ended 30 dune 2020 anourted to R360 000 . 5. The ordinary shares have a par value of R1