Prepare the statement of profit or loss and other comprehensive income of Rill Traders for the year ended 30 June 2019. Show all calculations.

PRE-ADJUSTMENT TRIAL BALANCE FOR RILL TRADERS AS AT 30 JUNE 2019 Debit Credit Capital 202 000 Drawings 27 000 Debtors control 18 560 Vehicles at (cost) 202 100 Accumulated depreciation vehicles 19 100 Trading inventory 01/07/2018 28 300 Bank 56 520 Mortgage loan 105 000 Loan from ABC Bank (at 19.5% p.a.) 15 000 Sales 272 195 Carriage on purchase 750 Import duties on purchases 782 Insurance on purchases 329 Commission income 18 000 Depreciation 19 100 Insurance 8 575 Packaging materials 4 600 Purchases 190 800 Purchases returns 245 Rent income 6 500 Sales returns 1 860 Settlement discount granted 465 Settlement discount received 225 Telephone 2 420 Carriage on sales 1 250 Repairs 2 160 Petrol 3 479 Wages 64 115 Water & Electricity 5 100 638 265 638 265