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Prepare the Statement of Comprehensive Income of Dundee Traders for the year ended 28 February 2023. INFORMATION The pre-adjustment trial balance and additional information given

Prepare the Statement of Comprehensive Income of Dundee Traders for the year ended 28 February 2023. INFORMATION The pre-adjustment trial balance and additional information given below were extracted from the accounting records of Dundee Traders on 28 February 2023, the end of the financial year. DUNDEE TRADERS PRE-ADJUSTMENT TRIAL BALANCE AS AT 28 FEBRUARY 2023 Debit (R) Credit (R) Balance sheet accounts section Capital 750 000 Drawings 325 000 Vehicles at cost 1 000 000 Equipment at cost 600 000 Accumulated depreciation on vehicles 455 000 Accumulated depreciation on equipment 195 000 Trading inventory 320 000 Debtors control 165 000 Provision for bad debts 5 000 Bank 70 000 Cash float 10 000 Creditors control 200 000 Loan: Leo Bank (15% p.a.) 400 000 Nominal accounts section Sales 2 500 000 Cost of sales 1 100 000 Sales returns 50 000 Salaries and wages 450 000 Bad debts 20 000 Consumable stores 10 000 Rent expense 195 000 Motor expenses 65 000 Bad debts recovered 5 000 Telephone 40 000 Electricity and water 50 000 Bank charges 15 000 Insurance 20 000 Interest on mortgage loan 25 000 Commission income 20 000 4 530 000 4 530 000 Adjustments and additional information 1. According to physical stocktaking undertaken on 28 February 2023, trading inventory on han

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