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$(100$ 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 $2024$

$\backslash$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,,$]]$