DR (f) CR (f ) 8% Preference share capital 35000 You have been provided with this trial balance for Ordinary share capital 125000 Dobson Limited for year ended 31-12-2018. 10% debentures (repayable 2023) 20000 Share premium 21000 The following adjustments are needed: Retained profits 31-12-2017 13874 (i) Inventory at 31-12-18 was f122,000 Interim ordinary dividend paid 6250 Equipment at cost 122500 (ii) Rent payable for December was f2,000. Dobson Motor vehicles at cost 99750 has not yet received the invoice for this. Accumulated depreciation for equipment 29400 (iii) Additional debenture interest due of f1000 has Accumulated depreciation for motor vehicles 36225 not yet been paid or included in the accounts. Inventory at 1-1-2018 136132 (iv) Equipment is depreciated at 10% on cost and Sales 418250 motor vehicles are depreciated at 20% on cost. Purchases 232225 (v) Management have decided to transfer f5000 of Sales returns 4025 retained earnings to a general reserve account. General expenses 1240 (vi) Management propose paying the 8% preference Salaries and wages 46260 Directors remuneration 18750 dividend and a final dividend of 6% on ordinary Rent, rates and insurance 18095 shares. Motor expenses 4361 Debenture interest 1000 Prepare a statement of profit and loss, a statement Bank 6501 of changes in equity and a statement of financial Cash 630 position for Dobson Ltd as at the 31-12-2018. Accounts receivable 94115 Accounts payable 93085 791834 791834