Q1. Following is the trial balance of Dhofar LLC as on 31st December 2021 Name of the Account Debit(OMR) Credit(OMR) Capital 100000 Equipment 50000 Account Payable 29900 Cash 8500 Bank 12500 Account Receivable 16800 Opening stock 20000 Purchase Return 5500 Interest income 5700 Sales 189400 Salary Expense 25000 Purchases 90000 Mortagage loan 20500 Freight in 7500 Sales Discount 6500 Rent Expenses 8500 Short term investments 15500 Purchase Discount 7700 Building 82000 Interest Expense 4500 Sales returns 2500 General expenses 10000 Trade Mark 7900 TOTAL 363200 363200 Other information: 1- Closing stock OMR 20100 2- Depreciation charge on Equipment 14% and Building is 10% Required: 1) Prepare the Income statement