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Question 2 (8 Marks) Prepare the Statement of Financial Position for the years 2018 and 2019: Particulars 2018 Bills Payable 18,616 Taxation 28,361 Proposed Dividend

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

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