Prepare the Statement of Financial Position for 2019, correcting the Net Profit calculation using the Adjusted Trial Balance.

let's prepare the Statement of Financial Position for 2019.

First, I need to correct the Net Profit calculation from our previous interaction, as I used an incorrect Interest Expense value and missed "Office Supplies Expense". The Adjusted Trial Balance for 2019 shows an Interest Expense of K 1,700 and Office Supplies Expense of K 3,000.

Here is the revised Statement of Profit or Loss and Other Comprehensive Income for 2019, which provides the correct Net Profit and Other Comprehensive Income for the Statement of Financial Position:

Revised Statement of Profit or Loss and Other Comprehensive Income
For the period ended 31st December 2019

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