Financial reporting

The trial balance of MKB Awari (pvt) ltd Co as at 31 March 20x7, was as follows: Ordinary share capital ($1 each) Share premium Revaluation surplus Sales and purchases Inventory at 1 April 20x6 Distribution costs Administration expenses Dividend paid Bank overdraft interest Dividend received Interest received Land and building at cost (land 380, building 100) Accumulated depreciation Plant and machinery at cost Accumulated depreciation Receivables and payables Cash at bank and in hand Retained earnings at 1 April 20x6 Bank loan S ooo 1260 140 295 27 25 480 3 Cr SOOO 2165 15 1 30 170 27 235 100 Inventory as at 31 march 20x7 was valued at cost Of $95,000.