Suspense Account

Trail balance of X-Y-Z Company as n [deleted] Account Head Debit Credit Cash sales 246,978 Credit Sales 2,749,609 Return cash sales 40,000 Return credit sales 12,500 Discount cash sales 93,600 Discount credit sales 89,002 Cost of sales 1,500,903 Salaries 48,000 General Expenses 29,010 Building 23,000 Furniture 15,000 Bank A/C 69,000 Fixed deposits 1,000,000 Accum.Deprn-Building 6,162 Accum.Deprn-Furniture 4,580 Depren-Bldgs- 9mths up to Dec16 862 Depren-Furn- 9mths up to Dec16 2,250 Capitial 200,000 Geeral Reserve 29,798 Staturory reserve 24,450 Debtors 160,300 Creditors 135,850 Suspense Account 314,000 Total 3,397,427 3,397,427 Adjustments 1) Threre is debit balance of KD 314,000 in suspense account which needs to be analysed and cleared. Inventory Turnover is 9 times (based on net sales). There is also cash balance of KD 7168 2)Provide depreciation on Building@5%,Furniture @20% p.a for three months 3)Provide for bad debts @ 2% on total debtors 4)Provide for dividend at 2% on current years profit Please provide Ratio analysis of Balance sheet and Profit and loss statement