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From the following particulars of Zenith Insurance company prepare the revenue account and the balance sheet for the year ended 31/12/2019. Debit side OMR Credit side OMR Investment 406,980 Share capital 400,000 Freehold premises 306,412 Claims admitted but 14,428 not paid Leasehold 12,604 Creditors 44,962 Agent's balance 46,212 Due to reinsurers 6,614 Sundry debtors 17,918 Interest and dividend 19,512 Income tax on interest and 4,513 Other receipts 807 dividend Claims paid and outstanding 363,924 Premium received 1,216,378 Expenses of management 238,730 Commission 97,778 Interest accrued 919 Office furniture 14,761 90,212 Preliminary expenses Cash and bank balance 101,738 Total 1,702,701 Total 1,702,701