-ubmission Date: November 13,2021 Dr - 1 Cr 100,90 3,00 3,300 27,000 3,600 12,000 41,000 Details/ Accounts Capital Acc. Prov. for Depreciation: Fixtures and Fittings Jan. 2016 Acc. Prov. for Depreciation: Motor Vehicle Jan. 2016 Accounts payable Commission Received Loan Sales Purchases Office Expenses Miscellaneous Expenses Salary and Wages Carriage inwards Telephone Expense Rent expense Electricity Expense Discounts allowed Return Inwards Stock, January 1, 2016 Accounts receivable Cash at Bank Drawings Land Fixtures and Fittings Motor Vehicle 11,600 12,400 740 7,800 100 240 2,100 1,140 160 400 3,600 39,000 23,400 8,920 39,200 17,000 23,000 190 800 190 ODAMA GENERAL INSTRUCTION: ALL QUESTIONS MUST BE DONE On December 31, 2016 the following Trial Balance was extracted from the books of Jona Willis (total) tingiza The following additional information has been made available: Electricity expense accrued $1000. Rent expense prepaid $800. 111. Depreciation is to be provided for as follows: Motor Vehicle at 15% of cost; Fixtures and Fittings at 10% reducing balance method. lv. Stock at December 31, 2016 was valued at $2,800. 1. 11. Required: a. Prepare Income Statements for the year ending December 31, 2016. b. From the information provided, list three (3) items that should be classified as: (i) Non-Current Assets Current Assets c. From the information provided, list two (2) items that should be classified as: (i) (ii) Non-Current Liabilities Current Liabilities