QUESION $1$

Kinta Baloyi Limited has an authorised share caplal of $2500,000$ ordinary shares of no$-$par value, of which $600000$ had already been issued by the fine the tila balance was prepared. The finandial director requests your accounting knowledge in preparing the financial statements for the year ended $31$ December $2021,$ and provides you with the following information: Trial balance at $31$ December $2021$

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