Better Life Ltd Trial Balance as at $31$ December $2024$

Adjustments:

Accrued salaries: $$3,500$ of salaries are unpaid & unrecorded at year end.

Depreciation: Depreciation on machinery for the year is $$7,000.$

Machinery Purchased & Disposed: Bought new machinery for $25,000$ on credit,

same machinery that was purchased was sold for $$10,000.$ Which had a carrying

value of $$5,000$ at a profit of $8,500.$ These entries were not recorded.

i$.$ Find the Earnings per share.

ii

$-$ Prepare the Income Statement for year ended as at $31$ December $2024.$

$-$ Prepare the Statement of changes in owners equity for the year ended as at $31$ December $2024$

$-$ Prepare a Comparative Statement of Financial position as at $31$ December $2023$ and $31$ December $2024$

$-$ Prepare the Statement of cash flows as at year ended $31$ December $2024$