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OLESTION L 30 MARKS followi ing trial balance was extracted from the books of Nokia Investment on 31 January 2018. The Trial Balance as at
OLESTION L 30 MARKS followi ing trial balance was extracted from the books of Nokia Investment on 31 January 2018. The Trial Balance as at 31 January 2018 CR 38 800 DR Capital Petty Cash Returns Debtors and Creditors Inventory 01 February 2017 Purchases and Sales Discounts Bank 1 500 2 200 18 100 5 000 88 000 400 1 320 12 400 72 630 1 000 5 000 Motor Vehicle Expense Motor Vehicle- Cost Provision for 800 4 500 120 000 20 000 Depreciation Expense 8 400 50 ation Bad debts Provision for doubtful debts Drawi Carriage Inward Carriage Outward 550 450 52 850 52 850 TOTAL Inventory 31 January 2018 Required January 20128 NS4 300 Prepare statement of comprehensive income and statement of financial position for the year ended 3
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