QUESTION 2 FINANCIAL STATEMENTS Infоrmаtiоn pertаining tо Lunаbugz, a store that sells wide variety of computers and accessories. The following were extracted from the Pre-Adjustment Trial Balance of Lunabugz on 28 February 2021: DEBIT R CREDIT R BALANCE SHEET ACCOUNTS Land and buildings 2 400 000 Vehicles 520 000 Accum. depreciation on Vehicles (1/3/20) 312 000 Equipment 180 000 Accum. depreciation on Equipment (1/3/20) 60 200 Trading Stock 164 000 Debtors Control 86 200 Provision for Bad Debts 4 308 Fixed Deposit : Uwais Financial Services 120 000 Mortgage Bond : Gruber Bank 820 000 Creditors Control 176 502 NOMINAL ACCOUNTS Sales 2 432 600 Cost of sales ? Debtors’ allowances 28 600 Rent income 102 000 Interest on fixed deposit 8 000 Repairs 42 000 Packing materials 45 800 Bad debts 9 000 Salaries and wages 199 500 UIF Contribution 1 995 Insurance 50 400