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ix. The entity made a one for five bonus issue on June 30, 2019. X. On January 10, 2023 a debtor (included in receivables) for

ix. The entity made a one for five bonus issue on June 30, 2019. X. On January 10, 2023 a debtor (included in receivables) for $60,0000 is declared bankrupt xi. Corporation tax is rate is 20% of net profit before tax xii. Dividends on ordinary shares of $0.10 declared and approved on December 29, 2019. Dividends are expected to be paid on January 20, 2020. red: a. Prepare the statement of profit or loss and comprehensive income for the year ended December 31, 2019. b. Prepare the statement of financial position as at December 31, 2019. (a statement of changes in equity is not required)

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