Question 5 continued 5) The directors have declared a dividend of 2 pence per share which will be paid out after the year end to all shareholders holding shares at 30 November 2020. 6) Advertising expenses prepaid amounted to 20,000. 7) The share capital of the company consists of ordinary shares with a nominal value of 25p each. Required: a) Prepare a schedule of adjustments as a result of the information in the notes listed above. b) Provide a journal for notes 5 and 6 only. Using your calculations from Part (a) and the relevant information from the trial balance provided, prepare the following financial statements for Bridgestone Ltd: c) A statement of profit or loss for the year ended 30 November 2020 d) A statement of changes in equity for the year ended 30 November 2020. e) A statement of financial position as at 30 November 2020. The format of all reports is required in 000 and you should round up and round down where applicable. Your presentation of the statements must comply with IAS 1 Presentation of Financial Statements. Question 5 continued 5) The directors have declared a dividend of 2 pence per share which will be paid out after the year end to all shareholders holding shares at 30 November 2020. 6) Advertising expenses prepaid amounted to 20,000. 7) The share capital of the company consists of ordinary shares with a nominal value of 25p each. Required: a) Prepare a schedule of adjustments as a result of the information in the notes listed above. b) Provide a journal for notes 5 and 6 only. Using your calculations from Part (a) and the relevant information from the trial balance provided, prepare the following financial statements for Bridgestone Ltd: c) A statement of profit or loss for the year ended 30 November 2020 d) A statement of changes in equity for the year ended 30 November 2020. e) A statement of financial position as at 30 November 2020. The format of all reports is required in 000 and you should round up and round down where applicable. Your presentation of the statements must comply with IAS 1 Presentation of Financial Statements