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From the following particulars of Zenith Insurance company prepare the revenue account and the balance sheet for the year ended 31/12/2019 OMR Debit side Credit

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From the following particulars of Zenith Insurance company prepare the revenue account and the balance sheet for the year ended 31/12/2019 OMR Debit side Credit side SI OMR Investment 400,000 stion Freehold premises 14,428 406,980 Share capital 306,412 Claims admitted but not paid 12,604 Creditors 46.212Due to reinsurers 17.918 Interest and dividend Leasehold 44,963 6,614 Agent's balance Sundry debtors 19,513 4,518 Other receipts 8071 Income tax on interest and dividend 363.924 Premium received 1,216,378 claims paid and outstanding Expenses of management Commission 238,730 9777 Interest accrued 919 Office fumitur 14.761 Preliminary expenses 9022 Cash and bank balance 101.738 Total 1.702,701 Total 1,702,701 21:03 EN

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