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Preparation of Final Accounts QUESTION es retail shop in May Pen, Clarendon. The trial de CR 5 5 11,000 1.500.000 7.00 2000 1,000 1.251,000 Machinery

Preparation of Final Accounts

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QUESTION es retail shop in May Pen, Clarendon. The trial de CR 5 5 11,000 1.500.000 7.00 2000 1,000 1.251,000 Machinery Proba dehes 100 000 R0.000 9,000 Rent 30,000 20.000 000 anon 165,000 210.000 Trade rechables and Payable Soock 2019 20.000 4,919,000 4.919,000 Additional information: 1. Ieventary 31 December 2019, 5197,000 1. Rent and Rates prepaid 53,000 Ce provision for had debes 5% of receivables Distribution expense owing 520,000 Depreciate buildings and machinery at 5% and 10% on cost respectively, REQUIRED A Prepare the income Statement for the year ended 31 December 2019 (25 mark) Be the Sheet of the enterprise 1 December 2010 (15 marks) C Dober the wing terme disclosure and recognition 3 marka

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