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Only attempt if you are a professional in this area. Thank You Further checks resealed the following during 2018: the finamial year a trade debt

Only attempt if you are a professional in this area. Thank You

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Further checks resealed the following during 2018: the finamial year a trade debt of S owed by Limia Grayson was off set against the S20 ,OOO owing to the san Linda Graysm a trade cmdit_ In addition to the goods returned above, Jam HLtton a cash saks customer retumed goods awing the finamial year amomting to S7,Om_ Jane Hutton wzs repaid her S7 from the daily cash sales This was nd yet "efkcted in the rmsiness records. Patsy KnigH grants a credit perid of 30 days to customers. The clCBiIV trade receivabks tmlance includes a deh of SS,OOO from Favela Brown. The goo& were soki Favela in November 2017. Faveh the Ulted States of Anrrica for a two (2) weeks' vac*ion in Febuary 2018. December 31, 2018 Favela was still in the Patsy Knigh ke.s a cash f%at of S for in retai cwtlet_ Excss csh deposited in the and cash shortfall taken from tlr balk The accounting fee forpreparing the 2018 statennts estimated at gsooo_ The folbwing additimal information is also avaibble: In ventories Mac in advanced Rent Rent outstandin Trade receivabks T radc ables frun tunk at interot owm Required: I January 2018 s 300 19 oo 18,100 15700 31 Decemtkr 2018 40.400 19,200 14800 a) b) c) d) e) g) h) Prepare a statement of affair show Patsy Knight's calital on I Janmry 2018 _ Prepare the Trade receivaHes Control Acccmnt Prepare the Trade payabks Control Extract a trial balance as at Ikember 31 , 2018 _ Prepare the Imome Statenwnt the year ended 31 Decemlrr, 2018 Statement in owmrs equity for year 31 Ikember, 2018. Prepare a COMPARATIVE of Financial as at 31 December, 2018. Prepare a Statenwnt of Cash How the year ended 31 Decemtrr, 2018

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