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Question 2 Trial balance of KONDE LTD as at the year ending 31/12/2021 is as follows Date format (dd/mm/ Additional information 1) Depreciation is to
Question 2 Trial balance of KONDE LTD as at the year ending 31/12/2021 is as follows Date format (dd/mm/ Additional information 1) Depreciation is to be provided based on this policy \begin{tabular}{|l|l|} \hline Motor vehicle & 25% on cost \\ \hline Office Equipment & 10% on cost \end{tabular} All asets were acquired just last year 2) Interest on debentures is yet to be provided. Debenture was secured on the following dates as follows 5% Debentures (2025-2028) 80,000 GHC 3) It was agreed that additional 3,500 GHe be written off as bad debts 4) A specific provision of 1,000 GHC was to be made 10% general provision was to be made 5) It was realised that electrioity owing of 1,350 GHc has not been accounted for. 6) Closing stock was determined as 42,100 GHc Required 1) Prepare a Trading Prof it and loss account for the year ended 31/12/2021 2) Prepare a Statement of Finandal Position as at 31/12/2021
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