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Question 2: The following balances were taken from Titan Company. 15 Marks] Interest revenues R.O 37 500 Service revenues R.O 12 500 Rent expenses R.O

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Question 2: The following balances were taken from Titan Company. 15 Marks] Interest revenues R.O 37 500 Service revenues R.O 12 500 Rent expenses R.O 3 000 Salaries R.0 6 250 Electricity Expenses R.O 5 000 Phone expenses R.O 5 000 Interest expense R.O 2 500 Depreciation expenses R.O 2 000 At the end of accounting period appeared that: Interest revenues 3 250/month Service revenues R.O 1 500/month Rent expenses R.O 500/month. Salaries R.O 500/month. Electricity expense R.01 250 /month. Phone expense R.O 2 000/month Interest expense R.O 1 750

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