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Question 3 Gemini Limited list of balances for the year ended December 31,2014...

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Accounting

Question 3
Gemini Limited list of balances for the year ended December 31,2014 are as
follows;
Additional information
1 Rent expense owing as at December 31,2014$2,000
2 Rental income for 2015 received in 2014 amounted to $300
3 Prepaid insurance during 2014 amounted to $2,400
4 Provide for Corporation tax of $28,602 for 2014
5 Transfer $2,000 to general reserve.
6 Weighted average number of ordinary shares in issue during 2014 amounted
to 50,000
1. Find Earnings per share
(a) Prepare the Statement of Comprehensive Iricome for the year ended
December 31,2014(19 marks)
(b) Prepare the Statement of Changes in Equity for the year ended December 31,
2014(8 marks)
Prepare the Statement of Financial Position at December 31,2014
Prepare Statement of Cash Fow at December 31,2014
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