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Find text or tools Answer ALL questions. (100 MARKS) QUESTION 1 ...

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Accounting

Find text or tools
Answer ALL questions.
(100 MARKS)
QUESTION 1
(20 Marks)
REQUIRED
Prepare the Statement of Comprehensive Income of Ryobi Traders for the year ended 29 February 2024.
INFORMATION
RYOBI TRADERS
PRE-ADJUSTMENT TRIAL BALANCE AS AT 29 FEBRUARY 2024
\table[[,Debit (R),Credit (R)],[Balance sheet accounts section,,],[Capital,228000,],[Drawings,560000,],[Vehicles at cost,340000,],[Equipment at cost,,],[Accumulated depreciation on vehicles,208000,108000],[Accumulated depreciation on equipment,98000,],[Trading inventory,,],[Debtors control,,],[Provision for bad debts,,]]
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