—~_ Dy [General Expenses Po {41120 | fc | Stlaties and wages | | i 70000 Oc _| Rentand Rates. _—— } 40000 | DC | Trade Reccivabies —— |, Cr The * 405600 Tade Pay sl 7 | , ables, 116120 De | Bad debs — Oe CC [Sales Revem “ ale: 9 iti 's Revenue 2383000 Dr _| Purchases 1720000 D (| Bad debts recovered | 900 | Allowance for bad debts 14800 | Dy | Bank Gavourable balancey 13000 | (Dy _ | tnventory 1/047 17 160000 Dr [Insurance 920 \ | Premises- cost 160000 Dr Machinery and Equipment - cost 110000 Dp c Motor vehicles - cost 10000 cr 5% Long —term Loan payable 2025 40000 Dir Bank charges 2400 CK | Retums inwards 00 Roards 1900 ADDITIONAL INFORMATION i. The inventory at 31 st March 2018, was K140000000, cost Rent prepaid at 31° December 2018 amounted to K 3000000 Interest on 5% Loan was owing at 31° March 2018 Allowance for double debis is be adjusted to 5% of Trade Receivables. ¥. K2000000 was owing for Insurance at 31 March 2018 vic Depreciation is provided for as follows: (a) Premises ~ 10% per annum on cost