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The trial balance below relates to Kelewele Limited for the Additional information: 1. Closing inventory is Gh 500,000 2. Closing provision for Bad debts to

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The trial balance below relates to Kelewele Limited for the Additional information: 1. Closing inventory is Gh 500,000 2. Closing provision for Bad debts to Ghes0,000. 3. Provision for depreciation is reducing balance method: 15% on Motor vehicle and 20% on equipment it is 20% 4. Dividend proposed for the year is Ghe 500,000 . 5. Corporate tax is at the rate of 25%. Required: (a) To prepare the Statement of Comprehensive Income for the year ended 31th December 2016 for Kelewele Limited. (b) To prepare the Statement of changes in equity as at year end 31st December 2016. (c) Prepare the statement of financial position of Kelewele Limited as at 31st December, 2016. The following are the statements of comprehensive income and financial positions of Green Limited: Green Limited Required: (a) Prepare the Statement of Cash-flow for Simons Limited for the year ended 31st December, 2018. The trial balance below relates to Kelewele Limited for the Additional information: 1. Closing inventory is Gh 500,000 2. Closing provision for Bad debts to Ghes0,000. 3. Provision for depreciation is reducing balance method: 15% on Motor vehicle and 20% on equipment it is 20% 4. Dividend proposed for the year is Ghe 500,000 . 5. Corporate tax is at the rate of 25%. Required: (a) To prepare the Statement of Comprehensive Income for the year ended 31th December 2016 for Kelewele Limited. (b) To prepare the Statement of changes in equity as at year end 31st December 2016. (c) Prepare the statement of financial position of Kelewele Limited as at 31st December, 2016. The following are the statements of comprehensive income and financial positions of Green Limited: Green Limited Required: (a) Prepare the Statement of Cash-flow for Simons Limited for the year ended 31st December, 2018

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