Proud Company Limited Trial Balance as at 31st December 2021 Debit Credit 500,000 10,000 50,000 Authorized Capital (500,000 @ $1) Short term loan Profit and Loss Appropriation Account Investment in Fixed Deposit 50,000 Stock at end 30,000 Electricity expense due Prepayments Unissued Capital (100,000 @ $1) Asset revaluation reserve 1,800 10,000 100,000 100,000 Cash at bank 150,000 Mortgage Buildings 283,300 250,000 45,000 Goodwill Machinery Provision for depreciation- Furniture 150,000 400 Debtors 25,000 Accounts Payable Provision for depreciation- Machinery 35,000 10,000 Bank Overdraft 5,000 Rent due 5,000 Furniture 10,500 Land 180,000 2$ 1,000,500 1,000,500 Required: Study the above information and prepare a fully classified Balance Sheet for Proud Company Limited as at 31st December 2021. (10 Marks)