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Additional information: 1. Current portion of long term receivable $120,000. 2. Current portion of long term loan $180,000. 3. Corporation tax charge for 2019 is
Additional information: 1. Current portion of long term receivable $120,000. 2. Current portion of long term loan $180,000. 3. Corporation tax charge for 2019 is estimated at $68,251,000. 4. A final dividend of $3,000,000 in relation to the 2019 financial year was approved by the Board of Directors on March 2, 2020. 5. On March 30, 2020 the Board of Directors approved the financial statements for issue. 6. On January 1, 2019, 200,000,000 ordinary shares were in issue at $1 each. On April 1, 2019 the company had a rights issue of 100,000,000 shares at $1 each. Required: For the financial year 2019, prepare the Statement of Comprehensive Income, the Statement of Changes in Equity, and the Statement of Financial Position
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