Maria Alonzo Corporation trial balance as on $30$ April $2022$ is as below

Debits

$102,994227,219$

$1,600225,000$

$57,2004,973$

$62419,21118,400$

$1,452123,289$

$16,240$

Buildings Directors$’$ remuneration $82,400$

Sales discounts $3,415$

Notes

Credits

$200,000$

$880,426$

$54,81840,00030,00015,00012,411$

Share Capital

Stock at $30$ April $2021$

Sales

Accounts receivable

Accounts payable

$8\%$ Debentures

Fixed Asset replacement reserve General Reserve

Profit & Loss account $30$ April $2021$ Debenture interest

Equipment at cost

Motor vehicles at cost

Bank balance

Cash in hand

Purchases

Sales returns

Carriage inwards

Wages & salaries

Rates & Insurance

Accumulated depreciation; Equipment

$32,60018,200$

a$)$ Stock at $30$ April $2022$ is valued at $111,317/=$

b$)$ The share capital consisted of $300,000$ ordinary shares of $50$ cents each and

$50,00012\%$ preference shares of $1=$ each

c$)$ The dividend on preference shares was proposed to be paid as well as a dividend

of $18\%$ on ordinary shares

d$)$ Accruals; rent $802/=$Directors$’$ remuneration $6,000/=.$

e$)$ Half year$’$s debenture interest is owing

f$)$ Depreciation on cost; Equipment $20\%$ pa; Motor$-$vehicles $25\%$ pa

g$)$ Transfers to Reserves; General $5,000/=,$ Fixed asset replacement reserve $10,000/=$

Required

Prepare a statement of profit and loss and other comprehensive income for the period, a statement of financial position and a statement of changes in owners$’$ Equity as at $30$ April $2022$