Question 5 Part 2:

Account Name			Trial Balance Figure
Accrued Expenses			$3,000,000.00
Goodwill			$50,000,000.00
Patents and Brands			$15,000,000.00
Gain on Sale Investment			$15,000,000.00
Treasury Shares			$12,000,000.00
Retained Earnings			$121,790,000.00
Short-Term Investments			$15,800,000.00
Foreign Hedge Reserves			$25,000,000.00
Shareholders' Advances (Due more than 12 months)			$15,000,000.00
Prepaid Expenses			$4,500,000.00
Interest Expense			$35,000,000.00
Other Payables (Due less than 12 Months)			$1,830,000.00
Long-Term Investments			$45,000,000.00
Accumulated Depreciation: Property, Plant and Equipment			$75,000,000.00
Cash and Cash Equivalents			$25,000,000.00
Loans Due (Less than 12 Months)			$16,850,000.00
Current Tax Liabilities			$6,900,000.00
Inventory			$81,000,000.00
7% Debentures (Due in Less than 12 Months)			$5,000,000.00
Property, Plant and Equipment			$225,000,000.00
Paid-Up Capital			$150,000,000.00
Sales Revenue			$200,000,000.00
Accounts Receivables			$68,000,000.00
General Reserves			$72,000,000.00
Provision for Doubtful Debts			$540,000.00
11% $1,000 Bonds			$95,000,000.00
Electricity Expense			$4,500,000.00
Employee Benefit Obligations (Due in more than 12 months)			$9,000,000.00
Call-Up Capital in Arrears			$15,000,000.00
Other Receivables (Due in more than 12 Months)			$1,500,000.00
Long-Term Loans			$175,000,000.00
Accounts Payable			$15,890,000.00
Land			$260,000,000.00
Sales Commission			$2,500,000.00

Required:

Using the information supplied, prepare a balance sheet/statement of financial position for Bumpy and Rotten Trading Limited for the end of 2022 financial year that conforms with IFRS IAS 1 recommendations and requirements of the course.