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please give all details i beg you 16,800 Question 1 ABC, a limited liability company, has the following trial balance at 31 December, 2019 DR

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please give all details i beg you
16,800 Question 1 ABC, a limited liability company, has the following trial balance at 31 December, 2019 DR (GHC) CR (GHC) Cash 115.900 Inventory at 1/1/2019 Administrative Expenses 10,500 Non-Current Asset at Cost: Building 60,000 Plant and Equipment 74,500 Motor Vehicle 155,000 Bank 15,000 Accumulated Depreciation: Building 7,850 Plant and Equipment 9,850 Motor Vehicle 6,000 Retained Earning 67,000 Income Tax Expense 2,500 10% Loan Note 5.500 Purchases 43,800 Dividend Paid 5,500 Suspense 15,000 Trade Recieveables 12,800 Loan interest 200 Trade Payables 68,600 Sales Revenue 182,890 Sales Tax Payable 89,460 GHc 1 Ordinary Shares 70.550 Wages and Salaries 10.200 522.700 522,700 Additional Information is given below: a. The inventory at cost on 31" December, 2019 was valued at GHc 10,000 and the net realizable value was GHc 11,500. b. 10,000 new ordinary shares were at issued at GHe 1.50 on 1/1/2019. The proceeds are left in suspense account. C. An amount of GHc 1,800 for lighting and heating is included in administrative expenses which relates to 2020 financial year d. An allowance of 5% is to be set up for receivables. This is to be charged to admin expenses e. Wages and salaries of GHc 8,000 is to be accrued f. Depreciation is to be provided as follows: i. Buildings at 5% straight line, charged to admin expenses Plant and Equipment at 20% on reducing balance charged to cost of sales iii. Motor Vehicles at 25% reducing charged to admin expenses g. An independent survey was carried out on building and it was valued up by GHc 8,000 Required: Prepare for publication, and in compliance with the Companies' Code provisions, The statement of profit or loss and other comprehensive income for the year ended 31* December, 2018 The statement of changes in equity for the year ended 31" December, 2018. (iii) The statement of financial position as at 31" December, 2018. (20 marks) (0)

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