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Prepare the Statement of Comprehensive Income for the year ended 28 February 2022. (20 Marks) INFORMATION The following information was obtained from the accounting
Prepare the Statement of Comprehensive Income for the year ended 28 February 2022. (20 Marks) INFORMATION The following information was obtained from the accounting records of Jupiter Traders for the financial year ended 28 February 2022. JUPITER TRADERS PRE-ADJUSTMENT TRIAL BALANCE AS AT 28 FEBRUARY 2022 Balance sheet accounts section Capital Drawings Debit (R) Credit (R) 352 620 Land and buildings Vehicles at cost Equipment at cost Accumulated depreciation on vehicles Accumulated depreciation on equipment 1 400 000 1.000 000 800 000 Fixed deposit: Medi Bank (8 % p.a.) Trading stock Debtors control Provision for bad debts Bank 250 000 135 000 217 000 163 730 1901 000 600 000 400 000 11000
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