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