Hi can someone please help me answer the questions (a, b and c) in picture 1. The information needed to answer the questions are provided in picture 1 and 2.

Loads of Luggage Limited is a national retailer of travel goods and accessories. The following is the trial balance of the company for the year ended 31 December 20x3: The following additional information is relevant: - The primary source of revenue is the sale of goods to customers. - Loads of Luggage Limited also earns rental income from letting a small section of its administration buildings to independent consultants. Rent income received in advance at 31 December 203 is C6000. - Internet expense payable at 31 December 203 is C4 000. Internet expenses are included in other expenses on the trial balance. - The dividends of C5000 on the trial balance relate to dividends declared on 12 February 203 in respect of the year ended 31 December 20X2. Dividends of C60 000 were declared on 14 February 204 in respect of the year ended 31 December 203. - The interest income was earned on loans and investments. - The company classifies its expenses according to function. The functions identified are sales, administration and distribution. - Depreciation is allocated as follows: 60% on factory plant (used to make inventory); all of which has been sold. 10% on office computers (used for administration purposes). 30% on company cars (used by sales representatives) - Salaries and wages are allocated 60% to the administration function and 40% to the distribution function. - Other expenses are allocated 70% to the administration function and 30% to the distribution function. - There are no components of other comprehensive income. Required: a) Process all adjusting journal entries required to finalise the financial statements for the year ended 31 December 203. Closing transfer entries are not required. lgnore deferred tax. b) Prepare a statement of profit or loss of Loads of Loads of Luggage Limited for the year ended 31 December 203 using the function method, in conformity with International Financial Reporting Standards. Comparatives are not required. lgnore deferred tax. c) Prepare a statement of changes in equity of Loads of Loads of Luggage Limited for the year ended 31 December 203 in conformity with International Financial Reporting Standards