DATE Example Balances 20,000 at 31/12/2020 Ordinary whare capital of 8500/share..k120,000 5% Preference share coprial of Kloo lshare. -K40,000 Free hold land and business at cost. - K450,000 Provision for depreciation on buildings.200.000 Receivables Payables Bank 10,000 Inventory 20,000 Saler 160,000 Discount allowed Discount received. 40 Purchases 98.000 Carriage inwards. 2,000 Carriage Ontwards 10% Debenature 100,000 Debenatures interest paid Administrative expenses Salaries (excluding director). Preference dividend paid 2,000 Profit and loss account 16,000 7 10,000 a) Inventory at 31st december, 2020 K30,000,000 * lo,000, Corporation tax for the team K 10,000,000 c) Proposed ordinary dividends chare Depreciation of building K 9,200,000 Accrued Audet * 2,000,000 of K25 Fee reserve f) Creation of plant replacement K 2,000,000 a) Prepare b) Prepare c) Prepare trial balance an income statement statement of Financial position