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Streep Retailers began operations on 1 January. On 31 December it calculated a gross profit of 94,600. Further information relating to the business during its

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Streep Retailers began operations on 1 January. On 31 December it calculated a gross profit of 94,600. Further information relating to the business during its first year of operations is shown in the table below: Enter your answers as integers.) Fill in any missing figures in the table. Calculate the following: Relating to period Paid/Received Expense/Revenue for period At end of period Prepaid Accruals/Deferred revenues f 25,000 1,000 1,000 Rent payable Heat and light Motor running expenses Interest receivable Salaries and wages Rent receivable Insurance 19,000 14,000 17,500 5,000 28,300 8,000 7.400 4,500 2,100 1,200 2,700 1. The operating profit for the year is - 2. The profit for the year is | 3. The total prepayments figure appearing in the statement of financial position at the end of the year is - 4. The total accruals/deferred revenue figure appearing in the statement of financial position at the end of the year is | Enter any number or expression in each of the edit fields

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