SOLUTION REQUIRED ASAP. PLEASE HELP.

(10) 1 800 3 4 6 Question - 3 The account balances of the Yamina & Company for the year ended December 31, 2021 is as under Sr. No Title of Accounts Amount Cash 1,200 2 Office Supplies Prepaid Advertising 6,000 Rent Expenses 3,000 5 Furniture 10,000 Salaries expenses 5,000 7 Allowance for depreciation 2,000 8 Yamina's Capital 7,000 9 Commission Income 14,000 Additional Information 1. Office supplies on hand Rs. 500 2. Advertising cost unexpired Rs. 2,000 3. Current year depreciation on furniture 20% on cost 4. Prepaid salaries Rs.800 5. Actual rent expense for the year Rs. 3,600 6. Commission receivable Rs. 300 and unearned commission Rs.700 Required a. Prepaid Adjusting entries b. Prepare Comprehensive Income for the year ended December 31, 2011 c. Prepare Financial position as at December 31, 2011 (06) (02) (02) Question-4 (05) The merchandise inventory of Ayan & Co. was destroyed by fire on 4th May 2021. The following data were obtained from the accounting record: Opening Inventory 1,120,000 Purchases 1,056,000 Purchases Returned & Allowance 52,000 Sales 2,870,000 Sales Return & Allowance 8,000 Estimated Gross Profit Rate 41% Required Compute the estimated cost of merchandise inventory destroyed by fire