Question: Question 2 (8 Marks) Prepare the Statement of Financial Position for the years 2018 and 2019: Particulars Bills Payable Taxation Proposed Dividend Bills Receivables Share

Question 2 (8 Marks) Prepare the Statement of Financial Position for the years 2018 and 2019: Particulars Bills Payable Taxation Proposed Dividend Bills Receivables Share Premium 13% Mortgage Loan Equipment, Building and Land Ordinary Share Capital Prepaid Expenses General Reserves Cash at Bank Muscat Retained Earnings Stock on December 31 2018 18,616 28,361 10,920 13,260 11,440 5,460 104,062 72,800 13,260 10,400 23,670 26,728 30,473 2019 15,517 23,972 7,800 16,505 7,280 10,920 84,282 52,000 16,505 7,280 10,348 17,930 15,059

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