Statement of comprehensive income for the year ended $31$ December $2019$

Pardionlars

Amount

Particulars

Opening Stock

Purchases

Gross Profit c$/$d

Utilities Expense

Insurance Expense

Freight Outwards

Kepair and Maintenance

Bad Debt Expense

Campaign Expense

Salary

Interest on bank loan

Depreciation

$30000$ Sales

$242100$ J Sales Return

$81790$

Closing Stock

$413880$

$2280$ Gross Profit b$/$ d

$1440$D Commission Received

$9000$

$600$D

$6000$

$30000$

$12900$

$1600$

$15360$ Net Loss

$97740$

Liabilities

Capital

$9$ Drawing

$-$ cash taken for personal use $(-)$ Net Loss

Statement of Financial Position as at $31$ December $2019$

Amount

Assets

$150000$

$-6000$

$-9000$

Premises

$(-)$ Accumulated Depreciation $(-)$ Depreciation during the year

$-5570$

$159030$

Bank Loan

Office Equipment

$126000(-)$ Depreciation during the year

Payables

$183390$ Receivables

Inventory

Bank

$(-$ cash taken tor personal use

Amoant

$363480$

$-9600$

$358880$

$60000$

$413880$

$81780$

$9990$

$5970$

$97740$

Amount

$240000$

$-12000$

$-11400$

$39600$

$-3960$

$216600$

$35640$

$98820$

$60000$

$66360$

$-9000$

$57360$

$465120$

$168120$