*R is my registration number which is 85. you have to multiple each amount with my Registration num where ( R) is mention .

Question 3 (20) a. On December 19, 2020, New Tech Corporation invested Rs. 4,500*R in new equipment. The equipment is being depreciated at the rate of Rs. 5000 p.a. During 2020, New Tech issued stock for Rs. 6,000*R (6,000 shares st Rs. 10 par value) and paid dividends of Rs. 800*R. Furthermore, its net income in 2020 was Rs. 7,000*R and the balance of retained earnings was Rs. 9,000*R. During the year the owner of New Tech paid Rs. 1500*R for operating expenses, Rs. 1,000*R salary of his accountant and Rs. 850*R maintenance for his personal car. The shareholders equity on January 14, 2020 was Rs. 20,000*R. In light of the given information prepare a statement of change in shareholders equity as on December 31", 2020. b. What is financial accounting? What is the role of financial accounting in preparing financial statements? Elaborate different financial statements? c. Differentiate between Depreciation, Amortization and Depletion. d. What is goodwill? How does goodwill increase? Demonstrate the concept of goodwill with any real business example