Trial balance as at 31 march 2018

	Dr (P)	Cr(P)
sales		190 576
purchases	119 832
salaries	56 527
motor expenses	2 416
rent	1894
insurance	372
general expenses	85
premises	95 420
cash at bank	16 519
cash in hand	342
drawings	8 425
motor vehicle	16 594
debtors	26 740
creditors		16 524
capital		138 066
	345,166	345,166

Stock at 31 March 2018 was P12, 408

REQUIRED: Prepare the following:

a. Statements of comprehensive income for the year ended 31 March 2018. (13 marks)

b. Statement of financial position as at 31 March 2018. (12 marks