Question 4 The following analysis of the cash transactions for the year was gathered from the records of N. Carroll, a R R 300 000 Receipts: Received from sundry debtors Additional investment of capital 45 000 ayments: Payments to sundry creditors General expenses Wages Drawings 185 000 50 000 77 500 95 000 1 Jan. R 31 Dec. R ances: ank overdraft ebtors -editors ock ant and machinery rniture and fittings 37 000 265 000 75 000 85 000 100 000 7 000 440 000 97 500 95 000 100 000 7 000 Additional information: Provision must be made for: Depreciation: 10% p.a. on plant and machinery (straight-line) 5% p.a. on furniture and fittings (straight-line) Bad debts provision: 5% p.a. on sundry debtors quired Draw up the income statement of N. Carroll for the year ended 31 December 2000. [20] Prepare the balance sheet of N. Carroll at 31 December 2000