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Use the intomition provided below to propare the atatsment of Comprehenctve Inscense for the year ended 28 Fetruary 2002 INFOFMATION The tral balano, ad/ustments and
Use the intomition provided below to propare the atatsment of Comprehenctve Inscense for the year ended 28 Fetruary 2002 INFOFMATION The tral balano, ad/ustments and additional infomation glven below were cotractod from the aoocurting reconts of Whetsione Stores on 28 Fetruary 2022 , the end of the Inanclal Adjuctmonte and adeltional Informstion 1. Apoonding to stocidibing done on 2 Fehrury 2002, the following were on hand: 1.1 Trading invertery R240 000 1.2 Stathnery Fin 000 2. A debtor whe wis declaned ireoclent paid fe4 200, which representiod e0\% of the anount awed, to Whestone stores. The amount that was mocetved has been rooordad bue the rest of his aocount must now be witten at. 3. The provision for bad detes mast be adusied to R20 000 . 4. Interest is outstind ng an the imestreert, which was mode an 01 February 2021. The maturity date is 31 July 2002 . 5. The longterm loan from Mod Bark was obtained on 01 March 221. A mepaymert of R100 000 was made and rooonded on 31 August 2021. Provide for the cutstanding inierest. Inierest is net captaised. not been mocorded and paymert wes dive to be mode diring March 2002 7. The advertsing amourt includes a contrat for R30 oDo, in respect of morthly abvertbemerts of equal valun, that was taken for the period 01 December 2001 to 31 Miy 2002 8. Fent has been reochod for the periad o1 March 2021 to 3 March 2002. Note: Fent Was inereased by 10% with efect fom ol Sepieriber 2001. 9. The exelephone acoount for February 2022 was due to be paid on 122 March 2022 , R10 00. 10. Provide for depreciation as fol bues: 10.1 On vehickes it 205 pe on the derinishing halance. 10.2 Onequpmert it 10%p a on coest
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