PI ... DERBY LIMITED The Company works in the Tourism industry in Mauritius. It started operations on 1 January 2018 and the following ledger balances appear in the books of accounts after the closing of the Final Accounts as at 31 December 2018. LEDGER BALANCES AS AT 31 DECEMBER 2018 RS 000'S RS 000'S 2,500 3,500 1,500 5,000 4,000 2,500 500 3,000 1,500 Trade Debtors Share Capital Motor Vehicles (At Cost) Property (at Cost) 10% Debentures Plant & Machinery (At Cost) Share Premium Trade Creditors Inventory Income Tax Payable Plant & Machinery (Agg. Depreciation) Retained Earnings Furniture & Fittings (At Cost) Other Receivables Furniture & Fittings (Agg Depreciation) General Reserve Motor Vehicles (Agg Depreciation) Bank Other Creditors 70 475 1,000 500 45 100 300 600 2 100 100 13,645 13,645 During the year to 31 December 2019, the summary of transactions is as follows: Bank Credit Rs Rs Issue of Shares Payment to Debenture Holders( on 31 Mar 2019) Interest paid on Debenture ( on 31 Mar 2019) Received from Trade Debtors Payment to Trade Creditors Expenses Income Tax paid Sales Purchases Dividend Paid Property Revalued at Rs 6,500,000 1,000,000 400,000 400,000 7,300,000 5,000,000 2,230,000 70,000 1,500,000 1,450,000 100,000 8,500,000 8,000,000 Page 1 of 3 III o