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The trial balance below relates to Kelewele Limited for the year ended 3 1 st December, 2 0 1 6 . Trial balance as at
The trial balance below relates to Kelewele Limited for the year ended st December, Trial balance as at Dr Cr Gh Gh Inventory as at Sales Purchases Buildings Motor vehicles Equipment Provision for depreciation: Motor vehicle Equipment Return inwards Return outwards Trade receivable Trade payable Stated capital ord. shares Administrative expenses Advertising & promotion Wages and salaries Electricity & water Repairs & maintenance Provision for Bad Debts Discount allowed and rebate Discount received Rent & rates Income surplus bf Cash & bank Debenture Additional information: Closing inventory is Gh Closing provision for Bad debts to Gh Provision for depreciation is reducing balance method: on Motor vehicle and on equipment it is Dividend proposed for the year is Gh Corporate tax is at the rate of Required: To prepare the Statement of Comprehensive Income for the year ended st December for Kelewele Limited. To prepare the Statement of changes in equity as at year end st December Prepare the statement of financial position of Kelewele Limited as at st December,
The trial balance below relates to Kelewele Limited for the year ended st December, Trial balance as at Dr Cr Gh Gh Inventory as at Sales Purchases Buildings Motor vehicles Equipment Provision for depreciation: Motor vehicle Equipment Return inwards Return outwards Trade receivable Trade payable Stated capital ord. shares Administrative expenses Advertising & promotion Wages and salaries Electricity & water Repairs & maintenance Provision for Bad Debts Discount allowed and rebate Discount received Rent & rates Income surplus bf Cash & bank Debenture Additional information: Closing inventory is Gh Closing provision for Bad debts to Gh Provision for depreciation is reducing balance method: on Motor vehicle and on equipment it is Dividend proposed for the year is Gh Corporate tax is at the rate of Required: To prepare the Statement of Comprehensive Income for the year ended st December for Kelewele Limited. To prepare the Statement of changes in equity as at year end st December Prepare the statement of financial position of Kelewele Limited as at st December,
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