please complete the income statement and balance sheet for the year ended 28 February 2015. it's urgent.

Ensure that the financial statements comply will Accounting Practice (GAAP). Information Madida Traders PRE-ADJUSTMENT TRIAL BALANCE AS AT 28 FEBRUARY 20.15 Debit (R) Credit (R) 596 400 130 500 600 000 145 000 33 000 Balance Sheet Accounts Section Capital Drawings Land and buildings Equipment Accumulated depreciation on equipment (01 March 20.14) Fixed deposit: Ben Bank (8% p.a.) Loan: Zen Bank (16% p.a.) Debtors control Creditors control Bank Cash float 50 000 60 000 51 630 74 400 18 720 1 500 841 600 105 330 408 760 6 000 4500 80 400 2000 Nominal accounts section Sales Opening inventory Purchases Sales returns Purchases returns Rent income Interest on fixed deposit Bank charges Water and electricity Telephone Insurance Interest on loan Rates and taxes Salaries and wages Consumable stores Advertising 2 700 18 810 5250 5 850 7 250 24 600 84 640 10 960 14 800 1 692 300 1 692 300 Adjustments and additional information 1. Inventory on hand on 28 February 20.15 amounted to R91 000. Inventories are measured at cost, on a FIFO method and at net realisable value, whichever is the lower. 2. Consumable stores according to stocktaking on 28 February 20.15 amounted to R900. Financial Reporting and Analysis 3. Advertising included a payment of R1 080 for advertisements to appear in a local newspaper from 01 November 20.14 to 30 April 20.15. Depreciation is provided annually on equipment at 10% p.a. using the diminishing balance method. 5. The loan from Zen bank is an unsecured loan that was granted to Madida Traders on 01 February 20.14. Provide for the outstanding interest on loan. The loan is repayable in 10 equal annual instalments. The first instalment is payable on 31 March 20.15. 6. The investment at Ben Bank was made on 01 June 20.14. Provide for the outstanding interest on the fixed deposit. The fixed deposit matures on 01 June 20.15. 7. The tenant has already paid the rent for March 20.15. Note that the monthly rental of R6 000 was increased by 10% with effect from 01 December 2014. 8. A debit order for R500 for the insurance of the proprietor's home was erroneously entered in the insurance account. 8 9. A debtor who owed R800 has been declared insolvent. His estate paid a first and final dividend of 70 cents in the Rand. The balance of his account must be written off. No entries have been made for these transactions. 10. A debtor's account with a credit balance of R200 must be transferred to her account in the creditors' ledger