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REQUIRED Prepare the Statement of Comprehensive Income of Leo Traders for the year ended 29 February 2020 INFORMATION The trial balance, adjustments and additional information

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REQUIRED Prepare the Statement of Comprehensive Income of Leo Traders for the year ended 29 February 2020 INFORMATION The trial balance, adjustments and additional information given below were extracted from the accounting records of Leo Traders on 29 February 2020, the end of the financial year. LEO TRADERS PRE-ADJUSTMENT TRIAL BALANCE AS AT 29 FEBRUARY 2020 Debit (R) Credit (R) Balance sheet accounts section Capital 660 000 Drawings 56 000 Land and buildings 503 000 Vehicles at cost 369 000 Equipment at cost 264 000 Accumulated depreciation on vehicles 211 000 Accumulated depreciation on equipment 151 000 Fixed deposit: Tab Bank (10% p.a.) 79.000 60 000 Trading inventory Debtors control 70.000 4000 Provision for bad debts Bank 51 000 Cash float 1 000 Creditors control 74 000 Chep/kop/TRAFINA702020/GENERICO 2.piratysin 2014 ST 000 Cathol Creditos control Morgan Taban ospa 74000 133000 Hiominal section 3170 5000 Cost of Sales Salon Ball de Star Rand w ang po Telephone Bed War 7600 2000 2000 9000 ITO Here + Add Wory Highet Adjustments and additional information 1 Stonycost R300, was taken by the proprietor for het ont. No entry has been made for the 2 Physical locking on 29 February 2020 meted the following inventorius 21 Trading intory R57000 22 Sonry R200 H., u dottor, was declared woort Recived an amount of R100, which werted Bus dhit, tromicantusta This has been record. The one of his account must now be with The provision for bad cohtamatt be decided by R500 5 Recome mounts RS000 on Malaysia The water and locally account for February 2020 asto R250 tue mant my old so the phone account The total nude m2 400 mt was pard for the period 01 December 2010 30 2020 mm 200 matn the Fony 2012 mart The acorded by the book Trentinop was made an och Prawn Torneostanding Pode frango Postado ondon REQUIRED Prepare the Statement of Comprehensive Income of Leo Traders for the year ended 29 February 2020 INFORMATION The trial balance, adjustments and additional information given below were extracted from the accounting records of Leo Traders on 29 February 2020, the end of the financial year. LEO TRADERS PRE-ADJUSTMENT TRIAL BALANCE AS AT 29 FEBRUARY 2020 Debit (R) Credit (R) Balance sheet accounts section Capital 660 000 Drawings 56 000 Land and buildings 503 000 Vehicles at cost 369 000 Equipment at cost 264 000 Accumulated depreciation on vehicles 211 000 Accumulated depreciation on equipment 151 000 Fixed deposit: Tab Bank (10% p.a.) 79.000 60 000 Trading inventory Debtors control 70.000 4000 Provision for bad debts Bank 51 000 Cash float 1 000 Creditors control 74 000 Chep/kop/TRAFINA702020/GENERICO 2.piratysin 2014 ST 000 Cathol Creditos control Morgan Taban ospa 74000 133000 Hiominal section 3170 5000 Cost of Sales Salon Ball de Star Rand w ang po Telephone Bed War 7600 2000 2000 9000 ITO Here + Add Wory Highet Adjustments and additional information 1 Stonycost R300, was taken by the proprietor for het ont. No entry has been made for the 2 Physical locking on 29 February 2020 meted the following inventorius 21 Trading intory R57000 22 Sonry R200 H., u dottor, was declared woort Recived an amount of R100, which werted Bus dhit, tromicantusta This has been record. The one of his account must now be with The provision for bad cohtamatt be decided by R500 5 Recome mounts RS000 on Malaysia The water and locally account for February 2020 asto R250 tue mant my old so the phone account The total nude m2 400 mt was pard for the period 01 December 2010 30 2020 mm 200 matn the Fony 2012 mart The acorded by the book Trentinop was made an och Prawn Torneostanding Pode frango Postado ondon

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