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please note that the shaded columns are not supposed to be edited or written on

Read the following case study and ansimer the questions that follow. FINANCLAL STATEMENTS In response to appesis made by the government to assist in reducing unemployment and contrbuting towards skils development Lineker Lit decibed to oller leamenships in the field of accounting. You ere cone of the persons who was interviewed for a learnership position in the company. After the interview, as part the second sep in the selecton process, you were asked to complete two financial statements The folowing information was given to you. The fist of balances provided below, which were extracted from the aceounting reconds on 31 December 2022 , the end of the francial year), did not consider any of the following year-end adjustments Physical stocktaking on 31 Decenber 2022 revealed tading inventory of R140000 and statonery of R2 000. Nobces fom the municpalify raflected the rates assessment for the years ended 30 June 2022 and 30 June 2023 bo be R30000 and R35000 respectively. Depreciation must be provided on vehicles at 20% per arrum using the reducing balance method and on equipment at 10% per arnum on cost. It must be noled that a vehicle which cost R200 000 was purchased on 01 July 2022 and the purchase has been recorded. A deboor who was declered insolvent was only able to pay R1 200 (aready recorded), which represerted 40% of the anount that she owed. The balance of her account must now be written oft. The insurance tolal includes an insurance premium of R4 800 that was paid for the period 01 Apre 2022 b 31 Merch 2023. An amount of R24 000 was owed for directors' lees and was due to be paid on CR January 2023 The provision for bed debts must be increased to R4 200. Provide for interest on debentures that is yet to be paid. The company tax calcalason based on the profit for the year revealed that an amount of R20 008 was owed to South Altican Revenue Services. The following list of balances were obtained from the ledger of Lineker Ltat on 31 December 2022 before tea ubove year-end adustinerts were considered: The following templates (with some figures eready ertered) were provided to you: LNEKER LTD STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2023 REQUIRED Complete the financial statements wha the missing arounts and detals. The enfire statemenes must be submitted. Where applicatle, show your workings in brackets. You may bighlight your answers fox the missing amounts or show them in bold print. The notes to the finanoar statements and Statement of Changes in Equily are not required. Do not type in the shaded areas. Do not change the formats The following tempiales (with some figures already entered) were provided to you