Target LLC company is one of the supplier for PDO in Oman. The company is has started to set up facilities in Fahud and Duqm region in Oman. You are the accountant of the company. Your management wants you to prepare the financial statement in such a way, easy for them to understand. You are required to present the Trial Balance and the financial statements after incorporating the adjustments in a single statement using excel. The following are the details of the Trial Balance for the company. Particulars Amount (RO)

Return Outward 406,000

Commission Income 103,250

General reserve 1,400,000

Accumulated Depn-Heavy vehicles 612,500

Equity Share Capital 10,500,000

Revenue 19,775,000

Bank Muscat Loan 2,100,000

Accounts Receivables 3,062,500

Cash and Bank 592,200

Property Building premises 7,000,000

Directors Fees 120,455

Income Tax 63,895

Income from Investment 184,350

Heavy vehicles Cost 1,225,000

Salaries 1,020,600

Selling and Dist exp 1,925,000

Sundry Creditors 2,562,000

Conveyance expense 14,188

Insurance expense 16,350

Discount Income 33,663

Maintenance Expense 3,125

Air-conditioning Plant 7,000,000

Purchases 13,827,100

Returns inwards 929,250

Carriage Outwards 877,100

Repair & Renewals 56,900

Telephone Expense 23,640

Petrol Expense 17,260

Bills payables 70,100

Profit on sale of property 27,700

Adjustments 1. Depreciation on Heavy Vehicles is 30% 2. Closing stock was RO 150,000 3. Provision for Doubtful Debts is made @ 5% on closing receivables 4. Transfer to general reserve during the year is RO 175,500 . 5. Insurance prepaid was RO 1,350