Question
Revenue Cost of sales 21,813,781 15,475,360 Selling and distribution expenses 4,046,401 Administrative and general expenses 1,036,448 Other operating income 37,010 Finance costs 226,318 Directors' remuneration
Revenue Cost of sales 21,813,781 15,475,360 Selling and distribution expenses 4,046,401 Administrative and general expenses 1,036,448 Other operating income 37,010 Finance costs 226,318 Directors' remuneration 27,000 Taxation expenses 192,018 Property, plant, and equipment 10,113,129 Inventories Trade and other receivables Assets held-for-sale Cash and bank balances 3,352,713 5,174,072 5,785,796 645,907 Share capital 1,701,250 Share premium Legal reserve 364,263 567,083 Revaluation reserve 7,322,250 Retained earnings (opening) 3,065,666 Long term loans 3,540,338 Current portion of long-term loans 748,068 Short term borrowings 1,786,146 Trade and other payables Taxation payable 5,010,253 119,054 ACTIVITY - 2 - Following information is available for the year 2018 of national detergent SAOG. You are required to prepare Statement of comprehensive income statement
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started