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please answer the required (a,b,c & d) thank you EXERCISE 9.4 The following are the balances in the ledger of Laurel Limited at 1 danuary
please answer the required (a,b,c & d) thank you
EXERCISE 9.4 The following are the balances in the ledger of Laurel Limited at 1 danuary 2013 : A. A surmmary of the cash transactions of the compary for the financial year ending 31 December 2013 were as follows: B. Addisonalinformatien: (6) The accountant calculased that taxason payable for the 2013 year will be R49 875. (ii) A resolution was passed at the deector's meeting to recommend an ordinary share dividend of 10c per share for the same period. All of the company's authorised ordinary shares have been issued at R1 each. REQUIRFD: (a) Prepare entries in general joumal form to record the transactions for the 2013 financial year given in A. above. Narrations are net required. (b) Prepare entries in general journal form to record the adistments at 31 Decerber 2013 given in B. above. Narrations are not required. (c) Prepare the Statement of Profit or Loss of Laurel Limited for the year ended 31 December 2013. (d) Prepare the Equily and liabilies section of the Statement of Financial Position and the Statement of Changes in Equily of Laurel Limited at 31 Decerriter 2013 Step by Step Solution
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