Question 2 (8 Marks)
Prepare the Statement of Financial Position for the years 2018 and 2019:
Particulars					2018		2019
Bills Payable					18,616		15,517
Taxation					28,361		23,972
Proposed Dividend					10,920		7,800
Bills Receivables					13,260		16,505
Share Premium					11,440		7,280
13% Mortgage Loan					5,460		10,920
Equipment, Building and Land					104,062		84,282
Ordinary Share Capital					72,800		52,000
Prepaid Expenses					13,260		16,505
General Reserves					10,400		7,280
Cash at Bank Muscat					23,670		10,348
Retained Earnings					26,728		17,930
Stock on December 31					30,473		15,059
Question: 3 (2 Marks)
Write short notes on: 1. Meaning and accounting traetment of Finance Cost