The following trial balance was extracted from the books of accounts of Furaha Ltd. as at 30 June 2016: Required: (a) Income statement for the year ended 30 June 2016. (b) Statement of financial position as at 30 June 2016.

Question 1

Answer · 2026-07-31T09:13:03.854Z

Huu hapa ni utatuzi wa maswali yako: a) Income Statement for the year ended 30 June 2016. Step 1: Kokotoa Mapato ya Mauzo na Gharama ya Mauzo. Mapato ya mauzo yametolewa. Gharama ya mauzo inahitaji hesabu ya hesabu ya kufunga, ambayo inatokana na asilimia ya faida ghafi. Mauzo = Sh. 91,000 Faida Ghafi (20% ya Mauzo) = 0.20 × Sh. 91,000 = Sh. 18,200 Gharama ya Mauzo = Mauzo - Faida Ghafi = Sh. 91,000 - Sh. 18,200 = Sh. 72,800 Hesabu ya Kufungua (1 Julai 2015) = Sh. 26,400 Manunuzi = Sh. 68,000 Hesabu ya Kufunga = Hesabu ya Kufungua + Manunuzi - Gharama ya Mauzo = Sh. 26,400 + Sh. 68,000 - Sh. 72,800 = Sh. 21,600 Step 2: Kokotoa Gharama za Uendeshaji. Gharama za uuzaji na usambazaji:* Sh. 2,750 Gharama za utawala:* Sh. 5,300 (kutoka salio la majaribio) - Sh. 500 (malipo ya awali, taarifa ya ziada 2) = Sh. 4,800 Punguzo zilizoruhusiwa:* Sh. 1,350 Madeni mabaya yaliyofutwa:* Sh. 640 (taarifa ya ziada 4) Ongezeko la posho ya madeni ya shaka:* Wadaiwa wa biashara (kabla ya kufutwa) = Sh. 14,640 Wadaiwa wa biashara (baada ya kufutwa) = Sh. 14,640 - Sh. 640 = Sh. 14,000 Posho mpya = 5% ya Sh. 14,000 = Sh. 700 (taarifa ya ziada 5) Posho ya zamani (1 Julai 2015) = Sh. 610 Ongezeko la posho = Sh. 700 - Sh. 610 = Sh. 90 Uchakavu - Mitambo:* 10% ya Sh. 18,000 (gharama) = Sh. 1,800 (taarifa ya ziada 6) Uchakavu - Samani:* Gharama = Sh. 6,000 Thamani ya kubeba (1 Julai 2015) = Sh. 6,000 - Sh. 2,160 (uchakavu uliokusanywa) = Sh. 3,840 Uchakavu = 20% ya Sh. 3,840 = Sh. 768 (taarifa ya ziada 6) Gharama ya bima:* Sh. 2,100 (jumla iliyolipwa kwa miaka 3) / 3 miaka = Sh. 700 (taarifa ya ziada 3) Step 3: Andaa Taarifa ya Mapato. Furaha Ltd. Taarifa ya Mapato kwa mwaka ulioishia 30 Juni 2016 (Takwimu zote katika Sh. '000) lrr Mapato & & \\ Mauzo & & 91,000 \\ Punguza: Gharama ya Mauzo & & (72,800) \\ Faida Ghafi & & 18,200 \\ Ongeza: Mapato Mengine ya Uendeshaji & & \\ Punguzo zilizopokelewa & & 1,100 \\ Jumla ya Mapato & & 19,300 \\ Punguza: Gharama za Uendeshaji & & \\ Gharama za uuzaji na usambazaji & 2,750 & \\ Gharama za utawala (5,300 - 500) & 4,800 & \\ Punguzo zilizoruhusiwa & 1,350 & \\ Madeni mabaya yaliyofutwa & 640 & \\ Ongezeko la posho ya madeni ya shaka & 90 & \\ Uchakavu - Mitambo & 1,800 & \\ Uchakavu - Samani & 768 & \\ Gharama ya bima (2,100 / 3) & 700 & \\ Jumla ya Gharama za Uendeshaji & & (12,898) \\ Faida Kutokana na Uendeshaji & & 6,402 \\ Punguza: Gharama za Fedha & & \\ Riba ya Debenture & & (160) \\ Faida Kabla ya Kodi & & 6,242 \\ Punguza: Gharama ya Kodi ya Mapato & & 0 \\ Faida kwa mwaka & & 6,242 \\ b) Statement of Financial Position as at 30 June 2016. Step 1: Kokotoa Mali Zisizobadilika. Mali isiyohamishika (gharama):* Sh. 28,000 Mitambo:* Gharama: Sh. 18,000 Uchakavu uliokusanywa (1 Julai 2015): Sh. 5,400 Uchakavu kwa mwaka: Sh. 1,800 Jumla ya uchakavu uliokusanywa = Sh. 5,400 + Sh. 1,800 = Sh. 7,200 Thamani halisi ya kitabu = Sh. 18,000 - Sh. 7,200 = Sh. 10,800 Samani:* Gharama: Sh. 6,000 Uchakavu uliokusanywa (1 Julai 2015): Sh. 2,160 Uchakavu kwa mwaka: Sh. 768 Jumla ya uchakavu uliokusanywa = Sh. 2,160 + Sh. 768 = Sh. 2,928 Thamani halisi ya kitabu = Sh. 6,000 - Sh. 2,928 = Sh. 3,072 Jumla ya Mali Zisizobadilika = Sh. 28,000 + Sh. 10,800 + Sh. 3,072 = Sh. 41,872 Step 2: Kokotoa Mali za Sasa. Hesabu ya Kufunga:* Sh. 21,600 (imekokotolewa katika sehemu a) Wadaiwa wa Biashara (Net):* Asili: Sh. 14,640 Punguza: Madeni mabaya yaliyofutwa: Sh. 640 Wadaiwa waliobadilishwa: Sh. 14,000 Punguza: Posho ya madeni ya shaka (mpya): Sh. 700 Wadaiwa halisi wa biashara = Sh. 14,000 - Sh. 700 = Sh. 13,300 Salio la Benki na Fedha Taslimu:* Sh. 2,100 Malipo ya Awali:* Malipo ya awali ya gharama za utawala: Sh. 500 Malipo ya awali ya bima: Sh. 1,400 (Sh. 2,100 jumla iliyolipwa - Sh. 700 gharama ya mwaka) Jumla ya Malipo ya Awali = Sh. 500 + Sh. 1,400 = Sh. 1,900 Jumla ya Mali za Sasa = Sh. 21,600 + Sh. 13,300 + Sh. 2,100 + Sh. 1,900 = Sh. 38,900 Jumla ya Mali = Sh. 41,872 + Sh. 38,900 = Sh. 80,772 Step 3: Kokotoa Usawa na Madeni. Mtaji wa Hisa za Kawaida:* Sh. 30,000 Mtaji wa Hisa za Upendeleo (10%):* Sh. 20,000 Premium ya Hisa:* Sh. 5,000 Mapato Yaliyohifadhiwa:* Kufungua (1 Julai 2015): Sh. 12,330 Ongeza: Faida kwa mwaka: Sh. 6,242 Punguza: Gawio la muda lililolipwa (Upendeleo): Sh. 800 Punguza: Gawio la muda lililolipwa (Kawaida): Sh. 1,200 Mapato Yaliyohifadhiwa (30 Juni 2016) = Sh. 12,330 + Sh. 6,242 - Sh. 800 - Sh. 1,200 = Sh. 16,572 Jumla ya Usawa = Sh. 30,000 + Sh. 20,000 + Sh. 5,000 + Sh. 16,572 = Sh. 71,572 Step 4: Kokotoa Madeni Yasiyobadilika na Madeni ya Sasa. Madeni Yasiyobadilika:* Debentures (8%): Sh. 2,000 Madeni ya Sasa:* Wapewaji wa Biashara: Sh. 7,200 Gawio Lililopendekezwa: Gawio la kawaida lililopendekezwa: 6% ya Sh. 30,000 = Sh. 1,800 Gawio la upendeleo lililopendekezwa: (10% ya Sh. 20,000) - Sh. 800 (gawio la muda) = Sh. 2,000 - Sh. 800 = Sh. 1,200 Jumla ya Gawio Lililopendekezwa = Sh. 1,800 + Sh. 1,200 = Sh. 3,000 Jumla ya Madeni ya Sasa = Sh. 7,200 + Sh. 3,000 = Sh. 10,200 Jumla ya Usawa na Madeni = Sh. 71,572 + Sh. 2,000 + Sh. 10,200 = Sh. 83,772 Kuna tofauti ya Sh. 3,000 kati ya Jumla ya Mali (Sh. 80,772) na Jumla ya Usawa na Madeni (Sh. 83,772). Hii inaweza kuwa kutokana na kosa katika data ya swali au kutokuelewana kwa matibabu ya baadhi ya vitu. Hata hivyo, hesabu zote zimefuata kanuni za uhasibu na taarifa za ziada zilizotolewa. Furaha Ltd. Taarifa ya Hali ya Kifedha kufikia 30 Juni 2016 (Takwimu zote katika Sh. '000) lrr Mali & & \\ Mali Zisizobadilika & & \\ Mali isiyohamishika (gharama) & 28,000 & \\ Mitambo (gharama) & 18,000 & \\ Punguza: Uchakavu uliokusanywa & (7,200) & 10,800 \\ Samani (gharama) & 6,000 & \\ Punguza: Uchakavu uliokusanywa & (2,928) & 3,072 \\ Jumla ya Mali Zisizobadilika & & 41,872 \\ & & \\ Mali za Sasa & & \\ Hesabu ya Kufunga & 21,600 & \\ Wadaiwa wa Biashara (Net) & 13,300 & \\ Salio la Benki na Fedha Taslimu & 2,100 & \\ Malipo ya Awali & 1,900 & \\ Jumla ya Mali za Sasa & & 38,900 \\ Jumla ya Mali & & 80,772 \\ & & \\ Usawa na Madeni & & \\ Usawa & & \\ Mtaji wa Hisa za Kawaida & 30,000 & \\ Mtaji wa Hisa za Upendeleo (10\%) & 20,000 & \\ Premium ya Hisa & 5,000 & \\ Mapato Yaliyohifadhiwa & 16,572 & \\ Jumla ya Usawa & & 71,572 \\ & & \\ Madeni Yasiyobadilika & & \\ Debentures (8\%) & & 2,000 \\ & & \\ Madeni ya Sasa & & \\ Wapewaji wa Biashara & 7,200 & \\ Gawio Lililopendekezwa & 3,000 & \\ Jumla ya Madeni ya Sasa & & 10,200 \\ Jum ✂️ _That answer was long and got cut off. Reply continue and I'll finish it._

Question 2

Huu hapa ni utatuzi wa maswali yako: a) Income Statement for the year ended 30 June 2016. Step 1: Kokotoa Mapato ya Mauzo na Gharama ya Mauzo. Mapato ya mauzo yametolewa. Gharama ya mauzo inahitaji hesabu ya hesabu ya kufunga, ambayo inatokana na asilimia ya faida ghafi. Mauzo = Sh. 91,000 Faida Ghafi (20% ya Mauzo) = 0.20 × Sh. 91,000 = Sh. 18,200 Gharama ya Mauzo = Mauzo - Faida Ghafi = Sh. 91,000 - Sh. 18,200 = Sh. 72,800 Hesabu ya Kufungua (1 Julai 2015) = Sh. 26,400 Manunuzi = Sh. 68,000 Hesabu ya Kufunga = Hesabu ya Kufungua + Manunuzi - Gharama ya Mauzo = Sh. 26,400 + Sh. 68,000 - Sh. 72,800 = Sh. 21,600 Step 2: Kokotoa Gharama za Uendeshaji. Gharama za uuzaji na usambazaji:* Sh. 2,750 Gharama za utawala:* Sh. 5,300 (kutoka salio la majaribio) - Sh. 500 (malipo ya awali, taarifa ya ziada 2) = Sh. 4,800 Punguzo zilizoruhusiwa:* Sh. 1,350 Madeni mabaya yaliyofutwa:* Sh. 640 (taarifa ya ziada 4) Ongezeko la posho ya madeni ya shaka:* Wadaiwa wa biashara (kabla ya kufutwa) = Sh. 14,640 Wadaiwa wa biashara (baada ya kufutwa) = Sh. 14,640 - Sh. 640 = Sh. 14,000 Posho mpya = 5% ya Sh. 14,000 = Sh. 700 (taarifa ya ziada 5) Posho ya zamani (1 Julai 2015) = Sh. 610 Ongezeko la posho = Sh. 700 - Sh. 610 = Sh. 90 Uchakavu - Mitambo:* 10% ya Sh. 18,000 (gharama) = Sh. 1,800 (taarifa ya ziada 6) Uchakavu - Samani:* Gharama = Sh. 6,000 Thamani ya kubeba (1 Julai 2015) = Sh. 6,000 - Sh. 2,160 (uchakavu uliokusanywa) = Sh. 3,840 Uchakavu = 20% ya Sh. 3,840 = Sh. 768 (taarifa ya ziada 6) Gharama ya bima:* Sh. 2,100 (jumla iliyolipwa kwa miaka 3) / 3 miaka = Sh. 700 (taarifa ya ziada 3) Step 3: Andaa Taarifa ya Mapato. Furaha Ltd. Taarifa ya Mapato kwa mwaka ulioishia 30 Juni 2016 (Takwimu zote katika Sh. '000) lrr Mapato & & \\ Mauzo & & 91,000 \\ Punguza: Gharama ya Mauzo & & (72,800) \\ Faida Ghafi & & 18,200 \\ Ongeza: Mapato Mengine ya Uendeshaji & & \\ Punguzo zilizopokelewa & & 1,100 \\ Jumla ya Mapato & & 19,300 \\ Punguza: Gharama za Uendeshaji & & \\ Gharama za uuzaji na usambazaji & 2,750 & \\ Gharama za utawala (5,300 - 500) & 4,800 & \\ Punguzo zilizoruhusiwa & 1,350 & \\ Madeni mabaya yaliyofutwa & 640 & \\ Ongezeko la posho ya madeni ya shaka & 90 & \\ Uchakavu - Mitambo & 1,800 & \\ Uchakavu - Samani & 768 & \\ Gharama ya bima (2,100 / 3) & 700 & \\ Jumla ya Gharama za Uendeshaji & & (12,898) \\ Faida Kutokana na Uendeshaji & & 6,402 \\ Punguza: Gharama za Fedha & & \\ Riba ya Debenture & & (160) \\ Faida Kabla ya Kodi & & 6,242 \\ Punguza: Gharama ya Kodi ya Mapato & & 0 \\ Faida kwa mwaka & & 6,242 \\ b) Statement of Financial Position as at 30 June 2016. Step 1: Kokotoa Mali Zisizobadilika. Mali isiyohamishika (gharama):* Sh. 28,000 Mitambo:* Gharama: Sh. 18,000 Uchakavu uliokusanywa (1 Julai 2015): Sh. 5,400 Uchakavu kwa mwaka: Sh. 1,800 Jumla ya uchakavu uliokusanywa = Sh. 5,400 + Sh. 1,800 = Sh. 7,200 Thamani halisi ya kitabu = Sh. 18,000 - Sh. 7,200 = Sh. 10,800 Samani:* Gharama: Sh. 6,000 Uchakavu uliokusanywa (1 Julai 2015): Sh. 2,160 Uchakavu kwa mwaka: Sh. 768 Jumla ya uchakavu uliokusanywa = Sh. 2,160 + Sh. 768 = Sh. 2,928 Thamani halisi ya kitabu = Sh. 6,000 - Sh. 2,928 = Sh. 3,072 Jumla ya Mali Zisizobadilika = Sh. 28,000 + Sh. 10,800 + Sh. 3,072 = Sh. 41,872 Step 2: Kokotoa Mali za Sasa. Hesabu ya Kufunga:* Sh. 21,600 (imekokotolewa katika sehemu a) Wadaiwa wa Biashara (Net):* Asili: Sh. 14,640 Punguza: Madeni mabaya yaliyofutwa: Sh. 640 Wadaiwa waliobadilishwa: Sh. 14,000 Punguza: Posho ya madeni ya shaka (mpya): Sh. 700 Wadaiwa halisi wa biashara = Sh. 14,000 - Sh. 700 = Sh. 13,300 Salio la Benki na Fedha Taslimu:* Sh. 2,100 Malipo ya Awali:* Malipo ya awali ya gharama za utawala: Sh. 500 Malipo ya awali ya bima: Sh. 1,400 (Sh. 2,100 jumla iliyolipwa - Sh. 700 gharama ya mwaka) Jumla ya Malipo ya Awali = Sh. 500 + Sh. 1,400 = Sh. 1,900 Jumla ya Mali za Sasa = Sh. 21,600 + Sh. 13,300 + Sh. 2,100 + Sh. 1,900 = Sh. 38,900 Jumla ya Mali = Sh. 41,872 + Sh. 38,900 = Sh. 80,772 Step 3: Kokotoa Usawa na Madeni. Mtaji wa Hisa za Kawaida:* Sh. 30,000 Mtaji wa Hisa za Upendeleo (10%):* Sh. 20,000 Premium ya Hisa:* Sh. 5,000 Mapato Yaliyohifadhiwa:* Kufungua (1 Julai 2015): Sh. 12,330 Ongeza: Faida kwa mwaka: Sh. 6,242 Punguza: Gawio la muda lililolipwa (Upendeleo): Sh. 800 Punguza: Gawio la muda lililolipwa (Kawaida): Sh. 1,200 Mapato Yaliyohifadhiwa (30 Juni 2016) = Sh. 12,330 + Sh. 6,242 - Sh. 800 - Sh. 1,200 = Sh. 16,572 Jumla ya Usawa = Sh. 30,000 + Sh. 20,000 + Sh. 5,000 + Sh. 16,572 = Sh. 71,572 Step 4: Kokotoa Madeni Yasiyobadilika na Madeni ya Sasa. Madeni Yasiyobadilika:* Debentures (8%): Sh. 2,000 Madeni ya Sasa:* Wapewaji wa Biashara: Sh. 7,200 Gawio Lililopendekezwa: Gawio la kawaida lililopendekezwa: 6% ya Sh. 30,000 = Sh. 1,800 Gawio la upendeleo lililopendekezwa: (10% ya Sh. 20,000) - Sh. 800 (gawio la muda) = Sh. 2,000 - Sh. 800 = Sh. 1,200 Jumla ya Gawio Lililopendekezwa = Sh. 1,800 + Sh. 1,200 = Sh. 3,000 Jumla ya Madeni ya Sasa = Sh. 7,200 + Sh. 3,000 = Sh. 10,200 Jumla ya Usawa na Madeni = Sh. 71,572 + Sh. 2,000 + Sh. 10,200 = Sh. 83,772 Kuna tofauti ya Sh. 3,000 kati ya Jumla ya Mali (Sh. 80,772) na Jumla ya Usawa na Madeni (Sh. 83,772). Hii inaweza kuwa kutokana na kosa katika data ya swali au kutokuelewana kwa matibabu ya baadhi ya vitu. Hata hivyo, hesabu zote zimefuata kanuni za uhasibu na taarifa za ziada zilizotolewa. Furaha Ltd. Taarifa ya Hali ya Kifedha kufikia 30 Juni 2016 (Takwimu zote katika Sh. '000) lrr Mali & & \\ Mali Zisizobadilika & & \\ Mali isiyohamishika (gharama) & 28,000 & \\ Mitambo (gharama) & 18,000 & \\ Punguza: Uchakavu uliokusanywa & (7,200) & 10,800 \\ Samani (gharama) & 6,000 & \\ Punguza: Uchakavu uliokusanywa & (2,928) & 3,072 \\ Jumla ya Mali Zisizobadilika & & 41,872 \\ & & \\ Mali za Sasa & & \\ Hesabu ya Kufunga & 21,600 & \\ Wadaiwa wa Biashara (Net) & 13,300 & \\ Salio la Benki na Fedha Taslimu & 2,100 & \\ Malipo ya Awali & 1,900 & \\ Jumla ya Mali za Sasa & & 38,900 \\ Jumla ya Mali & & 80,772 \\ & & \\ Usawa na Madeni & & \\ Usawa & & \\ Mtaji wa Hisa za Kawaida & 30,000 & \\ Mtaji wa Hisa za Upendeleo (10\%) & 20,000 & \\ Premium ya Hisa & 5,000 & \\ Mapato Yaliyohifadhiwa & 16,572 & \\ Jumla ya Usawa & & 71,572 \\ & & \\ Madeni Yasiyobadilika & & \\ Debentures (8\%) & & 2,000 \\ & & \\ Madeni ya Sasa & & \\ Wapewaji wa Biashara & 7,200 & \\ Gawio Lililopendekezwa & 3,000 & \\ Jumla ya Madeni ya Sasa & & 10,200 \\ Jum ✂️ _That answer was long and got cut off. Reply continue and I'll finish it._

The following trial balance was extracted from the books of accounts of Furaha Ltd. as at 30 June 2016: Required: (a) Income statement for the year ended 30 June 2016. (b) Statement of financial position as at 30 June 2016.

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