It is required to prepare the income statement and the statement of financial position.

CR Alquds Company Adjusted Trial Balance account 31/12/2018 DR CR Cash and 250000 account re 650000 constructic 80000 current det 3000 prepaid in 12000 inventory 224000 cars 450000 lands 1894000 170000 machinery 1680000 buildings 2400000 account payable 428000 interest payable 24000 salaries payable 50000 notes payable 228000 bonds 560000 loans 280000 current deferred tax liab 10000 31/12/2019 DR 280000 620000 80000 2400 8000 145000 450000 1740000 170000 1680000 2400000 furniture's 400000 24000 50000 228000 560000 200000 9000 retained earnings stock capital cares accumulated depr furniture's accumulated machinery accumulated buildings accumulated d 824000 4592000 48000 24000 72000 162000 624000 4617680 56000 30000 84000 180000 sales revenue 1284000 purchases 625000 sales retur 10000 purchases return and all 17840 sales disce 4800 purchases discount 6800 salaries ex 92000 rent expen 30000 utilities exr 9000 13000 cares depr 8000 furniture de 6000 machinery 12000 buildings c 18000 dividends revenue 31600 rental revenue 11400 gains from sales of lands interest ex 12840 total 8653640 8653640 advertising 1630000 980400 8400 17400 5600 8400 92840 30000 12000 14400 8000 6000 12000 18000 36000 11400 10000 12840 8775880 8775880 inventor 148000 inventor 145000 164000 152000

It is required to prepare the income statement and the statement of financial position.

CR Alquds Company Adjusted Trial Balance account 31/12/2018 DR CR Cash and 250000 account re 650000 constructic 80000 current det 3000 prepaid in 12000 inventory 224000 cars 450000 lands 1894000 170000 machinery 1680000 buildings 2400000 account payable 428000 interest payable 24000 salaries payable 50000 notes payable 228000 bonds 560000 loans 280000 current deferred tax liab 10000 31/12/2019 DR 280000 620000 80000 2400 8000 145000 450000 1740000 170000 1680000 2400000 furniture's 400000 24000 50000 228000 560000 200000 9000 retained earnings stock capital cares accumulated depr furniture's accumulated machinery accumulated buildings accumulated d 824000 4592000 48000 24000 72000 162000 624000 4617680 56000 30000 84000 180000 sales revenue 1284000 purchases 625000 sales retur 10000 purchases return and all 17840 sales disce 4800 purchases discount 6800 salaries ex 92000 rent expen 30000 utilities exr 9000 13000 cares depr 8000 furniture de 6000 machinery 12000 buildings c 18000 dividends revenue 31600 rental revenue 11400 gains from sales of lands interest ex 12840 total 8653640 8653640 advertising 1630000 980400 8400 17400 5600 8400 92840 30000 12000 14400 8000 6000 12000 18000 36000 11400 10000 12840 8775880 8775880 inventor 148000 inventor 145000 164000 152000