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Prepare the statement of comprehennsive Income of Omega limited for the year ended 2 9 February 2 0 2 4 . The rial balance, adjustments
Prepare the statement of comprehennsive Income of Omega limited for the year ended February The rial balance, adjustments and additional information given below were extracted from the accounting records of Omega lLimited on february the end of finanical year.
Omega limited
Pre adjusetment trail bablance as at February the end of fincial year
Balance sheet section
Ordinary share capitalCredit R
Retained IncomeCredit
Vevhicles at cost Debit
Equipment at Cost R
Accumulated Depreciation on Vichhles Credit R
Acumulated Depreciation on Equipment Credit
Fixed Deposit: Ben Bank paDebit R
Tradiing inventory Debit R
Bebtors control Debit R
Provison for bad debtsCredit R
BankDebit R
Petty cashDebit R
Creditors control credit R
SarsCompany Tax Debit R
Loan: Ben bank paCredit
Norminal asscounts section
SalesCredit R
Cost of sa;es Debit R
Sales returns Debit R
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