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Kindly give solution of the following question? Example 1 Use the following Trial balance to prepare the Balance Sheet (Statement of financial position). Accounts Dr.

Kindly give solution of the following question?

Example 1

Use the following Trial balance to prepare the Balance Sheet (Statement of financial position).

Accounts

Dr. $m

Cr. $m

Cash and cash equivalents

629

Trade and other payables

4,835

Trade and other receivables

5,018

Inventories

801

Employee benefits

868

Derivative financial assets

75

Current tax receivables

6

Other provisions

171

Other provisions

118

Prepayments

548

Borrowings-long

15,316

Trade and other receivables 2 years

1,012

Borrowings

1,635

Derivative financial liabilities-long

388

Inventories, more than 1 year

19

Investments accounted for using the equity method

1,237

Deferred tax liabilities-long

1,624

Derivative financial liabilities

1

Investments other

49,595

Defined benefit liability-long

7

Property, plant and equipment

22,108

Current tax payables

132

Revenue received in advance-long

1,312

Intangible assets

9,180

Derivative financial assets

1,897

Revenue received in advance

1,227

Deferred tax assets

54

Defined benefit asset

250

Other payables-long

65

Employee benefits-non-current

157

Ordinary share capital

36,054

Treasury shares and RSP treasury shares

493

Retained profits

29,012

Total

92,922

92,922

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