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The following are the details of accounts of Mr. Abdullah Account Details Amount Amount Capital 20,000 Accounts receivables 5400 Drawings 1800 Machinery 7000 Accounts payable
The following are the details of accounts of Mr. Abdullah Account Details Amount Amount Capital 20,000 Accounts receivables 5400 Drawings 1800 Machinery 7000 Accounts payable 2800 Salaries 400 Purchases 19,000 4000 Opening stock (1.1.2019) Cash 3000 300 10,000 Sundry expenses Rent and rates Printing expenses Sales 900 29,000 Total 51,800 51,800 Other Information: 1. Closing Stock on December 31, 2019 OMR... 2. Salaries outstanding OMR 100 3. Rent paid in advance OMR 400 4. Depreciate machinery by 10% Required:- 1. Prepare Statement of Comprehensive Income for the year ended 31st December 2019. (2 Marks) 2. Statement of Financial Position as on 31st December 2019
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