Kajiado Ranch Limited is a real estate company listed at the Capken Security Exchange since 2003....

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Kajiado Ranch Limited is a real estate company listed at the Capken Security Exchange since 2003. The details in the table below are extracted from the company's Trial Balance for the period end 2019 and 2020: Sales Costs of goods sold Interest payments on debt Accumulated Depreciation Current liabilities Debt Cash and cash equivalent Accumulated retained earnings Stock Interest earned on cash and cash equivalent Depreciation expenses Current assets Taxes Fixed Assets At cost Dividends 2019 Kshs.'000' 17,600,000 8,800,000 512,000 6,666,947 1,408,000 5,120,000 2,299,118 4,763,118 7,200,000 143,165 1,866,947 2,640,000 2,625,687 20,218,947 1,575,412 2020 Kshs.'000' 19,360,000 9,680,000 512,000 8,866,584 1,548,800 5,120,000 3,411,563 7,353,963 7,200,000 228,427 2,199,637 2,904,000 2,878,716 23,773,784 1,727,230 Required: a) Prepare Comparative Income Statement and Balance sheet for Kajiado Ranch Ltd. For the period ended 31 December 2020 5 Marks Kajiado Ranch Limited is a real estate company listed at the Capken Security Exchange since 2003. The details in the table below are extracted from the company's Trial Balance for the period end 2019 and 2020: Sales Costs of goods sold Interest payments on debt Accumulated Depreciation Current liabilities Debt Cash and cash equivalent Accumulated retained earnings Stock Interest earned on cash and cash equivalent Depreciation expenses Current assets Taxes Fixed Assets At cost Dividends 2019 Kshs.'000' 17,600,000 8,800,000 512,000 6,666,947 1,408,000 5,120,000 2,299,118 4,763,118 7,200,000 143,165 1,866,947 2,640,000 2,625,687 20,218,947 1,575,412 2020 Kshs.'000' 19,360,000 9,680,000 512,000 8,866,584 1,548,800 5,120,000 3,411,563 7,353,963 7,200,000 228,427 2,199,637 2,904,000 2,878,716 23,773,784 1,727,230 Required: a) Prepare Comparative Income Statement and Balance sheet for Kajiado Ranch Ltd. For the period ended 31 December 2020 5 Marks

Answer rating: 100% (QA)

a Comparative Income Statement for Kajiado Ranch Ltd for the period ended 31 December 2020 Sa... View the full answer