Question No 5: The following are the Balances of Elegant Trading Co. LLC, Salalah as on December 31, 2018. Account Title Account Title Amounts in OMR 496,450 79,200 Share Capital Land and Buildings Stock on 1 Jan 2018 Purchases Machinery Accounts Payables Accounts Receivables Traveling expenses Cash at bank Water and electricity Amounts in OMR 250,000 120,000 26,550 265,550 161,000 199,200 256,000 7,500 68,000 10,200 Sales Salaries and wages Motor expenses Interest Received Rent Revenue General expenses Telephone charges Bank Loan Insurance 7,750 22,500 6,000 6,950 6,500 53,000 11,950 Additional Information: (A) Charge depreciation on Machinery at 15%; and on Land & Buildings at 25%. (B) Rent due but not yet received OMR 4,400 (C) Outstanding insurance expense OMR 1,920 (D) Stock on hand on 31 December 2016 is OMR 16,800 (E) Telephone charges are prepaid to the extent of OMR 1,500 You are required create a spread sheet for Trial Balance, Adjustments and Adjusted Trial Balance. Create a spread sheet for Extended Trial balance showing Income statement and balance