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help me to prepare the statement of comprehensive income of selfie limited for the year ended 28 february 2018. take time for answering this question
help me to prepare the statement of comprehensive income of selfie limited for the year ended 28 february 2018. take time for answering this question i can wait even two weeks to get the answer.
QUESTION 3 FINANCIAL STATEMENTS OF A COMPANY the trial balance, additional information and adjustments given below to prepare the Statee prehensive Income of Selfie LUrmited for the year ended 28 February 2018 (2 SELFIE LIMITED PRE E ADJUSTMENT TRIAL BALANCE AS AT 28 FEBRUARY 2018 Balance sheet accounts section Ordinary share capital Retained earnings Land and buildings at cost Equipment at cost Vehicles at cost Accumulated depreciation on equipment Accumulated depreciation on vehicles Trading inventory Debtors control Provision for bad debts Bank overdraft Creditors control Loan: Pano Bank [18% p.a.) South African Revenue Services (Company tax) Nominal accounts secion Sales Cast of sales Sales returns Advertising Stationery Bad debts Discount allowed Discount received Electricity and water Telephone nterest on overdraft Directors fees Audit fees Insurance Salaries Bank charges Rent income Municipal rates Debit (R) Credit 18) 121 700 480 000 88 000 14 600 65 000 50 000 12 800 936 000 356 000 24 000 30 000 12 000 2 000 3 000 3 000 37 000 20 000 500 44 000 12 000 7000 190 000 5000 26 000 1 767 300 1 767 300Step by Step Solution
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