B (70marks) Question 2 (58 marks) Ana-maria Tial Balance The following balances were extracted from the accounting records of Ana-maria Plc Trial Balance as of 31 November 2022 Purchases DR CR 372,000 Trade payables Salaries and wages Directors' remuneration 10,000 54,000 10,000 Audit fees Heat and light Inventory, 01 April 2021 Debenture Interest 3,000 30,000 130,000 27,000 Interim dividend paid 120,000 Building at cost 500,000 Building - accumulated depreciation 01 Dec 2021 50,000 Fixtures and fittings at cost 150,000 Fixtures and fittings - accumulated depreciation, 01 Dec 2021 20,000 10% Debentures 220,000 Ordinary share capital (fully paid) 800,000 Trade receivables 120,000 Bank 260,000 Sales 940,000 Share premium account Retained earnings Communications expenses General reserve Long-term investments 150,000 120,000 20,000 57,000 571,000 2,367,000 2,367,000 The following additional information as of 31 December 2022 should be taken into account: (i) Inventory was valued at 150,000 (ii) Audit fees of 1000 were outstanding (iii) Prepaid debenture interest is to be accounted for (iv) Depreciation is to charge on buildings at 10% on the straight-line basis and on fixtures and fittings at 20% on the reducing balance basis (v) The directors decided to transfer 70,000 to the general reserve account Required: Prepare for Ana-Maria Ple: (a) the statement of profit or loss for the year ended 31 December 2022 (b) the statement of changes in equity for the year ended 31 December 2022 (c) the statement of financial position for the year ended 31 December 2022