QUESTION $2$

The following are the summarised trial balances of Chilly Chutneys Limited, a local retailer of chutney sauces, as at $31$ December $2023$

$25$ MARKS

REQUIRED

$\backslash$table$[[($a$),\backslash$table$[[$Prepare the income statement $($i$.$e$.$ statement of comprehensive income$)$ of Chilly$],[$Chutney Limited for the year ended $31$ December $2023.]],10],[($b$),\backslash$table$[[$Prepare the balance sheet $($i$.$e$.$ statement of financial position$)$ of Chilly Chutney$],[$Limited as at $31$ December $2023.]],15],[$TOTAL$,,]]$

TOTAL

$63600$

$2$