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Use the information provided to prepare the Statement of Comprehensive Income of Traders for the year ended 2 8 February 2 0 2 4 .
Use the information provided to prepare the Statement of Comprehensive Income of Traders for the year ended February
INFORMATION
Extract from Preadjustment Trial Balance of JJ Traders on February
Debit
Credit
Balance Sheet accounts section
Loan: Captiva Bank
Equipment
Accumulated depreciation on equipment
Trading stock
Debtors control
Provision for bad debts
Bank
Fixed deposit: Renown Bank
Nominal accounts section
Sales
Cost of sales
Debtors allowances
Interest on fixed deposit
Commission income
Rent income
Insurance
Bad debts recovered
Discount allowed
Discount received
Packing material Bank charges
Bad debts
Telephone
Project Grade
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