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- Inventory as at 31 May 2023 was R3, 298. - Wages and salaries outstanding is R1, 322 . - Rent prepaid is R320. -
- Inventory as at 31 May 2023 was R3, 298. - Wages and salaries outstanding is R1, 322 . - Rent prepaid is R320. - Telephone bills are yet to be paid of R211. - Depreciation of Vehicles is 10% straight line method. The above trial Balance and additional information is for the Iskander Missiles Defence Systems Company at 31 May 2023. Required: (a) Prepare a trading and profit and loss account come Statement and other Comprehensive Income) of Iskander Missiles for the year ended 31 May 2023. (b) Prepare a balance sheet, Statement of the Financial Position of Iskander Missiles as at 31 May 2023 9/9
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