QUESTION FOUR FINANCIAL STATEMENTS 42 MARKS Robyn Cool is the owner of Ice Cream Treats Ltd. The following is an extract from the Trial Balance prepared by the accountant on 30 June 2021. You must account for GST where appropriate. 4,2004 4,102 151,000 240 30 8,500 ICE CREAM TREATS LTD TRIAL BALANCE (EXTRACT) AS AT 30 JUNE 20212 Bank- 59,592 Accounts Payable Accounts Receivable 2,684 Tax Payable- Term Deposit (4% due 28/6/25) 6,000 Sales Wages - Office 56,550 Interest on Term Deposit Allowance for Doubtful Bad Debts 350 Debtse Shop Fittings (cost) Accumulated Depreciation 85,000 - Shop Fittings Advertising Share Capital (20,000 fully 5,000 paid shares) Cost of Goods Sold 47,500 Loan (5% p.a. due 2030) Goodwill Retained Earnings, 1 April 20,000 20212 Insurance 14,600 Commission Receivede Interest on Loane 3,000 Dividends 3,000 Inventory, 30 June 2021 1,000 Electricity 10,500 Sales Returns 2,300 Tax Expensee 2,796 319,872 60,000 60,000 28,800 3,000 JA 319,872 (b) Prepare the financial statements. ICE CREAM TREATS LTD STATEMENT OF COMPREHENSIVE INCOME Notes $ $ $ de d de JA du d de Notes to the Statement of Comprehensive Income: +Revenue_.1 2. Other Income (22 marks)tw