1. A statement of profit or loss (income statement). 2. A statement of financial position (balance sheet). 3. A statement of changes in equity. Trial Balance For ABC LTD For The Year Ending 31 December 2020 Dr Cr 240,000 142,000 55,000 21,800 322,462 Issued share capital (1 ordinary shares) Land at cost Vehicles at cost Provision for depreciation on vehicles 1/01/20 Purchases and revenue Rent and business rates General expenses Wages and salaries Irrecoverable debts written off Provision for doubtful debts 1/01/20 Directors' salaries Trade receivables and trade payables Value added tax Retained earnings at 1/01/20 Inventory at 1/01/20 Cash and cash equivalents Dividends paid 214,273 4,000 16,741 34,689 948 1,076 18,000 26,482 14,555 2,419 18,397 42,618 57,958 8,000 620,709 620,709 354 124 Notes at 31 December 2020 Wages and salaries outstanding Provision for doubtful debts increased by Inventory is valued at Rent and business rates paid in advance Depreciation on vans: 20% per annum on cost Corporation tax charge for the year 47,288 400 12,000