Jazz 7:43 PM 100% Back AC1025_Commentary_2019 Section Awer question 16 and not more than one further questions from the entire Question 16 Armstrong Ltd in a family business which imports and see a drink. The compty's trial balance at 31 December 2016 before any adjustments have been munde is as follows Dr CF Land 200,000 Equipment at cont 540,000 Equipment, clated depreciation 1 Jan 2018 162.000 Delivery Vase at cont 129.000 Delivery is, accumulated depreciation at 1 January 2015 GO Inventory at 1 January 2015 199,560 Trades receivable 275,100 Provision for bad debts at 1 day 2018 Prepaid rentat January 2015 2,500 Accrued interest at 1 Janar 2018 1. Bank in 11.NO Trade payabiles 146. 10% debentuare la repable in 2000 10 Ordinary share capital of 50,000 share of op ech 450 Retained profits at 1 Jamiary 2015 G2530 Saleem 2.36.175 Purch 2.013,000 Wapre and all 98,00 Hent ASSO Interim dividend paid 19,4 Distrito 229,500 Internet paid 7.875 15,600 Total 2.36.15 6.31 The following additional information in will 1. The figure for prepayments at 1 January 2018 in the trial balance in in respect of two months rent paid in advance. On 1 November 2015, the company paid rent on one of its premises of 28,500 for six month, in de 1. Provision for any unpaid interest is to be made. The directors propose to pay a dividend of 15.000 en 3 March 2019. III. In December 2018, the company old a delivery van for 1.500. This wam was received in cash and used to pay a bom to the company's security officer who retired on the last day of the year. The man which was told had been purchased in 2016 for 24,000. Neither the sale or the proceeds of sale have been accounted for in the coming records of the company iv. Depreciation is to be provided on the non-current at wing the following w rates Land wil Equipment 10% per year on a straight line to Delivery 20% per year on a reducing halweer te 39 ACIG Principle of wing