Please help

Inceptus (Pty) Ltd has asked you to help prepare the financial statements for the year ended 30 September 2021. The Trial balance of the company as at 30 September 2021 is set out below: Trial Balance as at 30 September 2021 Other information: 1) The authorized share capital of the company, all of which has been issued consists of ordeinary shares with a par value of N$0.50 each. 2) Inventories at the close of business on 30 September 2021 were valued at cost at N$13870 000. 3) The corporation tax charge for the year has been calculated as N$5190000. 4) The land has been revalued up by professional valuers by N$3200000. The revaluation is to be included in the financial statements for the year ended 30 September 2021. 5) Goods sold to a customer on credit for N$121000 in August 2021 which originally cost N$72 000 were returned to the company on 29 September 2021. No entries have been made in the accounts to reflect this return of goods. 6) Allowance for credit losses is to be 5% of accounts receivable balance at the year-end. 7) The company ran a 4 month advertising campaign starting on 1 September 2021 for N$6000. 8) Depreciation has not been accounted for yet and should be provided as follows: - Building at 5% on cost - Fixtures and Fittings at 10% on cost - Office equipment at 10% reducing balance method - Motor vehicle at 20% reducing balance method - Motor vehicle at 20% reducing balance method The Building, Fixtures \& Fittings and Office equipment are used for administrative purposes. The motor vehicle is used to deliver goods to customers 9) Interest for the last 6 months of the year has not been included in the accounts. 10) The long term loan was acquired on 1 October 2018. This loan is secured by land and building and is payable over a period of 10 years. A repayment of N$3000000 is repayable every 31 December of each year. 11) The directors resolved that N$5 million be transferred to the General reserve. Inceptus (Pty) Ltd has asked you to help prepare the financial statements for the year ended 30 September 2021. The Trial balance of the company as at 30 September 2021 is set out below: Trial Balance as at 30 September 2021 Other information: 1) The authorized share capital of the company, all of which has been issued consists of ordeinary shares with a par value of N$0.50 each. 2) Inventories at the close of business on 30 September 2021 were valued at cost at N$13870 000. 3) The corporation tax charge for the year has been calculated as N$5190000. 4) The land has been revalued up by professional valuers by N$3200000. The revaluation is to be included in the financial statements for the year ended 30 September 2021. 5) Goods sold to a customer on credit for N$121000 in August 2021 which originally cost N$72 000 were returned to the company on 29 September 2021. No entries have been made in the accounts to reflect this return of goods. 6) Allowance for credit losses is to be 5% of accounts receivable balance at the year-end. 7) The company ran a 4 month advertising campaign starting on 1 September 2021 for N$6000. 8) Depreciation has not been accounted for yet and should be provided as follows: - Building at 5% on cost - Fixtures and Fittings at 10% on cost - Office equipment at 10% reducing balance method - Motor vehicle at 20% reducing balance method - Motor vehicle at 20% reducing balance method The Building, Fixtures \& Fittings and Office equipment are used for administrative purposes. The motor vehicle is used to deliver goods to customers 9) Interest for the last 6 months of the year has not been included in the accounts. 10) The long term loan was acquired on 1 October 2018. This loan is secured by land and building and is payable over a period of 10 years. A repayment of N$3000000 is repayable every 31 December of each year. 11) The directors resolved that N$5 million be transferred to the General reserve