edway QUESTION The Prestige Bank Limited has presented the following trial balance for the 2019 financial year Cred GRO GHS 23.259 Interest on customer's Commission and for income 4,164 Dividends from investments 165 Pit en vien Nhang HHHV Vi 490 Sulfoss Disco Romantic Rental income finest property Motocicle Accumulated depreciation 546 Equipment & Fun cumulated depreciation Completa depreciate 399 Land and insulated with Corporate Sunday payable 1,745 Amuda terbanks Customers' Current accounts 67,905 Fedtime deposits of customers 10,746 Inici dividend paid Laras and everal Lean impairmen 01/01/2019 1.84 14,460 Retained off, 01.01.2019 3,433 Story 01/01/2019 11, 1.11 Gevement Troy the Deposits with the banks Cash in hand Balance with Bank of Ghana Adicional information: Prestige Limited has been seed for the following two alleged infringements of low: (1) Uhorized use of a but the claim is for GHS 50.000 No payment of end-of-service severance pay and gratuyo employees who powered without Prestiging any the custoit is claiming GHS 150,000 Legal core of the banks of the option that all the legal ceremble in and has communicated to Prestige. This assessment of the two lawsuits are: Law. The chances of this lawsuit are remote 2. is probable that Prestige would love to pay the displaced employees, but the berteile amount that would be payable in the plainticced against the entity Parvide kat depreciation at the following rates Land and building Equipment and future Computers i) Provide for Audits of CHSIN.000 iv) The bank has advanced GHS2.553,000 to customer. The comer is currently 36 in compliance with the Banking Act 12.3% of prodie alerta is to be add to stay reserve vo Interim box for 2019 based on remont wasted at GHSS40,000. Corporate xplicable to the banks 23% vii) The empty was quid in February, 2019. The directors helped ar valtion model of accounting for investment properties in line with IAS BAL vin 01 31 December, the Directors of the bank farther declared Gividend er GHS per se on that came date the directed to pay end-of-year botol estimated GHS216,000. This is yet. This should be accounted as a Sporting Required: Prepare the following financial statements of Prestige Bank Limited for publication in accordance with relevant indows and International Financial Reporting Standard FRS: The statement of profit or kind other comprehensive income for the year ended 31 December, 2019 The statement of changes in equity for the year ended 31 December 2019. (4 marks The statement of financial position at December, 2019 d) Show clearly are working (Total 20 mark c) edway QUESTION The Prestige Bank Limited has presented the following trial balance for the 2019 financial year Cred GRO GHS 23.259 Interest on customer's Commission and for income 4,164 Dividends from investments 165 Pit en vien Nhang HHHV Vi 490 Sulfoss Disco Romantic Rental income finest property Motocicle Accumulated depreciation 546 Equipment & Fun cumulated depreciation Completa depreciate 399 Land and insulated with Corporate Sunday payable 1,745 Amuda terbanks Customers' Current accounts 67,905 Fedtime deposits of customers 10,746 Inici dividend paid Laras and everal Lean impairmen 01/01/2019 1.84 14,460 Retained off, 01.01.2019 3,433 Story 01/01/2019 11, 1.11 Gevement Troy the Deposits with the banks Cash in hand Balance with Bank of Ghana Adicional information: Prestige Limited has been seed for the following two alleged infringements of low: (1) Uhorized use of a but the claim is for GHS 50.000 No payment of end-of-service severance pay and gratuyo employees who powered without Prestiging any the custoit is claiming GHS 150,000 Legal core of the banks of the option that all the legal ceremble in and has communicated to Prestige. This assessment of the two lawsuits are: Law. The chances of this lawsuit are remote 2. is probable that Prestige would love to pay the displaced employees, but the berteile amount that would be payable in the plainticced against the entity Parvide kat depreciation at the following rates Land and building Equipment and future Computers i) Provide for Audits of CHSIN.000 iv) The bank has advanced GHS2.553,000 to customer. The comer is currently 36 in compliance with the Banking Act 12.3% of prodie alerta is to be add to stay reserve vo Interim box for 2019 based on remont wasted at GHSS40,000. Corporate xplicable to the banks 23% vii) The empty was quid in February, 2019. The directors helped ar valtion model of accounting for investment properties in line with IAS BAL vin 01 31 December, the Directors of the bank farther declared Gividend er GHS per se on that came date the directed to pay end-of-year botol estimated GHS216,000. This is yet. This should be accounted as a Sporting Required: Prepare the following financial statements of Prestige Bank Limited for publication in accordance with relevant indows and International Financial Reporting Standard FRS: The statement of profit or kind other comprehensive income for the year ended 31 December, 2019 The statement of changes in equity for the year ended 31 December 2019. (4 marks The statement of financial position at December, 2019 d) Show clearly are working (Total 20 mark c)