Complete the Statement of Comprehensive Income for the year ended 30 June 2025.

Okay, Sbo, let's tackle the first part of the activity, matching the concepts.

Step 1: Match Column A to Column B

• 2.1.1: The original amount of money invested, before interest was added.

  • This refers to the initial investment made by the owner.
  • Matches with D: Capital amount.

• 2.1.2: Remaining cost of an asset that still needs to be depreciated in future financial years.

  • This is the net book value of an asset, which is its cost less accumulated depreciation.
  • Matches with E: Carrying value.

• 2.1.3: The financial statements of a business are done with the assumption that the business will continue to operate in future.

  • This is a fundamental accounting principle.
  • Matches with C: Going concern.

• 2.1.4: A statement that reflects the financial position of the business.

  • This statement shows assets, liabilities, and equity at a specific point in time.
  • Matches with A: Balance sheet.

• 2.1.5: The length of time equal to twelve consecutive months over which financial accounts are kept and reported on.

  • This is the standard period for financial reporting.
  • Matches with B: Financial year.

Here are the matches:

• 2.1.1: D
• 2.1.2: E
• 2.1.3: C
• 2.1.4: A
• 2.1.5: B