MAKKO'S TRADERS EXTRACT FROM THE LIST OF BALANCES AS AT $28$ FEBRUARY $2023$

$\backslash$table$[[,$R$],[$Fixed deposit: FIN Bank $(10\%),500000],[$Interest on fixed deposit,$25000]]$

Additional information

On $1$ June $2022,$ Makko's Traders invested money in a five$-$year fixed deposit account with FIN Bank at $10\%$ interest per annum. The interest is payable quarterly. Account for any outstanding interest.

Required

Using the information given, show the disclosure of the fixed deposit in the financial statements of Makko's Traders for the year ended $28$ February $2023.$

Instructions for numeric responses:

Use a full stop to indicate any decimals $($e$.$g$.,1000\mathrm{.}01)$

Round off to the second decimal after the full stop $($e$.$g$.,50\mathrm{.}56)$

$3$: Only show the amount; do not show the $"$R$"($e$.$g$.,1000)$

If no amount should be recorded in any of the numeric spaces, please indicate it by filling in a zero $("0")$

MAKKO'S TRADERS STATEMENT OF PROFIT AND LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED $28$ FEBRUARY $2023($EXTRACT$)$

$\backslash$table$[[\backslash$table$[[$Other income, Interest income: fixed$],[$deposit$]],$R$]]$