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From the following balances of JAMAL ENT as at 31.12.18 DEBIT CREDIT Prepare Financial statement. RO'000 RO'000 Revenue- Cost of sales 21978 14958 Administration expenses

From the following balances of JAMAL ENT as at 31.12.18 DEBIT CREDIT Prepare Financial statement. RO'000 RO'000 Revenue- Cost of sales 21978 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 36 Retained earnings (1.1.18) 3468 Bank loan 3000 Inventories (31.12.18) 1620 Capital 4860 41592 41592

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