30/06/2005 Beginning balance Dr Cr 2160 1080 1728 810 432 504 108 532,8 585 41,4 586,8 14,4 37,8 Land at cost Building at cost Plant and equipment at cost Intangible asset Accum deprectiation 30/06/20x5 Buildings Plant and equipment Interim dividend paid Dividend payable Receivables and payables Cash and bank balance Inventory as at 30/06/20x6 Tax payable Deferred tax Distribution cost Administrative expenses Retained earnings b/f Sales revenue Cost of sales Ordinary shares o 50 p each Share premium account Revaluation of land (SCI) Revaluation of buildings (SCI) Depreciation, plant and equipment Loss in intangibles (SCI) Depreciation building (IS) Tax expense (IS) Dividends (SCI) 529,2 946,8 891 9480,6 5909,4 2160 432 14484,6 14484,6 Revaluation of land and buildings 1 Jul 20x5, not yet recorded in the books: land 3240 buildings 972 Depreciation: Plant and equipment using reducing balance 10% Intabigles are to be written down by 540k 540 Buildings have an estimate life of 30 years from the date of the revaluation Taxation: Current tax estimated 169,2 There had been overprovision in the prev. yr Deferred tax is to be increased by 27 Capital: 150k shares issued and recorded on 1 Jul 20x5 for 80p each A further dividend of 5p per share has been declared on 30 Jun 20x6 Statement of comprehensive income for the period Statement of changes in shareholders' equity Balance sheet 30/06/2005 Beginning balance Dr Cr 2160 1080 1728 810 432 504 108 532,8 585 41,4 586,8 14,4 37,8 Land at cost Building at cost Plant and equipment at cost Intangible asset Accum deprectiation 30/06/20x5 Buildings Plant and equipment Interim dividend paid Dividend payable Receivables and payables Cash and bank balance Inventory as at 30/06/20x6 Tax payable Deferred tax Distribution cost Administrative expenses Retained earnings b/f Sales revenue Cost of sales Ordinary shares o 50 p each Share premium account Revaluation of land (SCI) Revaluation of buildings (SCI) Depreciation, plant and equipment Loss in intangibles (SCI) Depreciation building (IS) Tax expense (IS) Dividends (SCI) 529,2 946,8 891 9480,6 5909,4 2160 432 14484,6 14484,6 Revaluation of land and buildings 1 Jul 20x5, not yet recorded in the books: land 3240 buildings 972 Depreciation: Plant and equipment using reducing balance 10% Intabigles are to be written down by 540k 540 Buildings have an estimate life of 30 years from the date of the revaluation Taxation: Current tax estimated 169,2 There had been overprovision in the prev. yr Deferred tax is to be increased by 27 Capital: 150k shares issued and recorded on 1 Jul 20x5 for 80p each A further dividend of 5p per share has been declared on 30 Jun 20x6 Statement of comprehensive income for the period Statement of changes in shareholders' equity Balance sheet