From the following balances of Maryam Plc., as at 31.12.18 a) Income statement b) Statement of Changes in Equity c) Balance sheet d) Format Motor vehicles (cost) Accumulated depreciation: Motor vehicles (1.1.18) Dividend paid to the shareholders Interest paid Administration expenses Trade receivables Trade payables Selling and Distribution Expenses Revenue Cost of sales Equipment (31.12.18) Accumulated depreciation: Equipment (1.1.18) Directors' remuneration Inventories (31.12.18) Retained eamings (1.1.18) General reserves Debentures (15%) Cash at bank Warehouse rent Share capital (£1) DEBIT RO'000 56160 7800 1950 1560 8970 12285 97227 66690 6240 10530 234 702 270348 CREDIT RO'000 14040 15249 142857 24570 17342 5200 19500 31590 270348

From the following balances of Maryam Plc., as at 31.12.18 a) Income statement b) Statement of Changes in Equity c) Balance sheet d) Format Motor vehicles (cost) Accumulated depreciation: Motor vehicles (1.1.18) Dividend paid to the shareholders Interest paid Administration expenses Trade receivables Trade payables Selling and Distribution Expenses Revenue Cost of sales Equipment (31.12.18) Accumulated depreciation: Equipment (1.1.18) Directors' remuneration Inventories (31.12.18) Retained eamings (1.1.18) General reserves Debentures (15%) Cash at bank Warehouse rent Share capital (£1) DEBIT RO'000 56160 7800 1950 1560 8970 12285 97227 66690 6240 10530 234 702 270348 CREDIT RO'000 14040 15249 142857 24570 17342 5200 19500 31590 270348

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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From the following balances of MaryamPlc., as at 31.12.18 a) Income statement. b) Statement of Changes in Equity. c) Balance sheet. d) Format.
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