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Part B: [10 Marks] The accountant of Hands Groceries has requested you to prepare the statement of comprehensive income for the ear ended 30 June

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Part B: [10 Marks] The accountant of Hands Groceries has requested you to prepare the statement of comprehensive income for the ear ended 30 June 2020 with the information 'tr'en below: (T ax rate 30%) Proceeds on sale of land 300,000 Cost of land sold 135,000 Sundry revenue 1,500 Depreciation and amortization expense 343,500 Sales Revenue 5,297,500 50,1 00 390,500 4,000,000 025,000 125,000 228,200 32,400 12,500 23,000 Sales returns and allowances Decrease in inventories of nished goods and werk in progress Raw materials used Salaries and wages Other employee benets expense Other expenses Interest paid Gain on Revaluation of land Dividends rECEi'lv'ed WWHWWB'EWHWWB'EWWB'E

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