Task 1 Marks) Hashim Trading LLC is a local merchandiser in Oman. From the given Trail balance for the year ending 31.12.2019. prepare final accounts for the business. OMR OMR Sales/turnover 200,000 5.000 Buildings 140,000 Invey at 1" 2019 Purchase 1100.000 115.000 14.000 100,000 Share Capital at Jan 2019 10% Bank loan Sales retur Carriage outwards 000 2000 396,00 196,000 The following information is also available:- a) Closing Inventory at the 31 December 2019 was valued at OMR 10,000. b) Wages and salaries paid in advance for 3months amounts to OMR 10,000 c) Rent and rates of OMR 20,000 were still outstanding at the year end. Depreciation on building for the year OMR 1,000 and Plant and Machinery OMR 25,000 is not accounted for. Required: Marks) Prepare an Income Statement and Statement of Financial Position for Harshim Trading LLC for the year ending on 31 December 2019 with all relevant workings