Question Five (5) Additional information: 3. Gl fer2,000 is to be tmansferred from Beatrice's account to a newly opened Beatrice loan aceount ois 1 luly 2018 Interest at 14 per cent per annum on the loan is to be credited to Beatrice. 1. Stephen is to be crectited with a salary at the rate of GHe2,400 per annum from 1 Aptil 2018 c. Inventory at 30th September 2018 has been valued at the cost at GHH b6,400. d Jolephone charges aceraed due ar 30 th September 2018 amounted to CHE80 and rene of Gille 120 propnd ar this dite c. Dummg the year unded 30) September 2018 Stephen has raken goods ensting. GHe200 for his own use F. Depreciabi is to be provaded at the following annual nates on the straight line basis: Fixrures and fittings 10% Motor vehicles 209% Requred: a) Prepare the income statement for the year ended 30 September 2018 : b) Prepse stacement of Einancial position as at 30 th September 2018 which should include summaries af the partners' captral and current accounts fot the yeit eaded on that date (20 marks) Question Five (5) Additional information: 3. Gl fer2,000 is to be tmansferred from Beatrice's account to a newly opened Beatrice loan aceount ois 1 luly 2018 Interest at 14 per cent per annum on the loan is to be credited to Beatrice. 1. Stephen is to be crectited with a salary at the rate of GHe2,400 per annum from 1 Aptil 2018 c. Inventory at 30th September 2018 has been valued at the cost at GHH b6,400. d Jolephone charges aceraed due ar 30 th September 2018 amounted to CHE80 and rene of Gille 120 propnd ar this dite c. Dummg the year unded 30) September 2018 Stephen has raken goods ensting. GHe200 for his own use F. Depreciabi is to be provaded at the following annual nates on the straight line basis: Fixrures and fittings 10% Motor vehicles 209% Requred: a) Prepare the income statement for the year ended 30 September 2018 : b) Prepse stacement of Einancial position as at 30 th September 2018 which should include summaries af the partners' captral and current accounts fot the yeit eaded on that date (20 marks)