Mr Jacky has not kept proper bookkeeping records, but he has kept notes in diary form of the transactions of his business as at 31 May 2021. The following transactions relate to financial year ended on 31 May 2021.

1. The sales are mostly on a credit basis. No record of sales has been made, but N$ 14 200 has been received, N$ 9 700 by cheque and N$ 4 500 by cash, from debtors.
2. Amount paid by cheque to suppliers during the year amounted to N$ 5 500.
3. Mr Jacky took N$ 2 600 cash for the year for personal use.
4. The following payments was made for the year by cheque, Telephone Expense N$ 1 250, Transport Expense N$ 840, Rent Expense N$ 2 200 and by cash, General Expense N$ 250 and Municipal Expense N$ 450.
5. Assets was acquired on 31 March 2020 as: Motor Vehicles N$ 24 600 and Furniture and Fittings N$ 18 400. Depreciation of 10% straight line for 31 May 2021.
6. The following information is available:

At 31.05.2020 At 31.05.2021

N$ N$

Inventory 1 540 2 100

Cash balance 400 1 600

Bank balance 3 200 3 110

Debtors 12 580 22 970

Creditors 8 630 16 680

Rent Owing - 800

Loan 2 090 2 090

Required:

1. Calculate capital balance as at 31 May 2020 by preparing statement of affairs.
2. Calculate missing figures necessary to prepare financial statement.
3. Prepare statement of comprehensive income and statement of financial position.