DECEMBER 3. Dr. Cr. 501,200 Accounts payable 516,000 174,000 Accounts receivable Accumulated depreciation-buildings Allowance for doubtful accounts Bonds payable 28,000 311.000 Buildings 1.564.000 Cash 172,000 3.800 Dividends payable preference shares- cash) Inventory 508,000 Land 397.000 42.000 303,000 196.000 Prepaid expenses Retained earnings Share capital-ordinary (1 par value Share capital-preference (50 par value) Share premium-ordinary Share premium-treasury Treasury stock (ordinary at cost) 450,000 1.254.000 157.000 179.000 Totals 3,378,000 3,378,000 At December 31, 2023, Pharoah had the following number of ordinary and preference shares. Ordinary Preference Authorized 588,000 54,000 Issued 196,000 9,000 Outstanding 174000 9,000 The dividends on preference shares are Acumulative. In addition, the preference shares have a preference in liquidation of E50 per share Prepare the equity section of Pharoah's statement of financial position at December 31, 2023. (Enter account name only and do not provide descriptive information) PHAROAHSE Partial Statement of Financial Position For the Quarter Ended December 31, 2023 ity e Capital-Preference 45000000 e Capital-Ordinary 19600000 84600000 Premium-Ordinary 125400000 15700000 e Premium-Treasury 141100000 30300000 ined Earnings -17900000 Treasury Shares 153500000 tal Equity