Question: You have been asked to help prepare the financial statements of CCC Ltd for the period ended 30 09 - 2019 . A trial balance as at 30 -09- 2019 is shown below.

Items	JD (000,)	JD (000,)
Sales		60500
Purchases	30300
Property, plant and equipment	59800
Property, plant and equipment - accumulated depreciation		25500
Inventories as at 01 -01- 2019	8300
Interest	500
Accruals		500
Distribution costs	7500
Administrative expenses	11100
Electricity and water expenses	8000
Retained earnings as at 01 -01- 2019		25000
Trade receivables	10000
Trade payables		2500
Cash in bank	500
10% bank loan repayable 2025		7000
Share capital		10000
Share premium		5000
Total	136000	136000

The following further information is available:

• The share capital of the company consists of ordinary shares with a nominal value of JD 1 each.
• No dividends are to be paid for the current year.
• The sales figure in the trial balance includes sales made on credit for October 2019 amounting to JD 2,500,000.
• The inventories at the close of business on 30 - 09 - 2019 cost JD 8,700,000. Included in this figure are inventories that cost JD 700,000 but which can be sold for only JD 200,000.
• Transport costs of JD 250,000 relating to the period are not included in the trial balance as the invoice was received after the end of the period.
• Not all interest on the bank loan cost has been included in the trial balance.
• The corporation tax charge for the year has been calculated as JD 230,000.

Draft the statement of comprehensive income of CCC Ltd for the year to 30 -09- 2019 and a statement of financial position at that date.