Question: Can I please have a correct answer for the attachment The following information was extracted from the book of XY Ltd for the year 30

 Can I please have a correct answer for the attachment The

Can I please have a correct answer for the attachment

The following information was extracted from the book of XY Ltd for the year 30 September 2016. Extract of a Trial Balance as 30 September 2016 Additional information: 1) An annual stock count at 30 September showed that the business had stock worth R15 150. 2) Write off a further R300 as bad debts. 3) Adjust the provision of bad debts to R23 500 . 4) Profit for the year was R84 193. 5) Income tax was provided for as R52 576. It is a business for tax to be paid on the 1st of October each year. 6) Dividends declared were R5 000. Required: Prepare a Statement of Financial Position as at 30 September 2016. NB: Notes are not required. The statement must be prepared in accordance with GAAP or IFRS

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