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REQUIRED Use the information provided below to prepare the Statement of Financial Position of Trent Limited as at 31 July 2023. The notes to the
REQUIRED Use the information provided below to prepare the Statement of Financial Position of Trent Limited as at 31 July 2023. The notes to the financial statements are not required. INFORMATION Adjustments and additional information The profit after tax for the year ended 31 July 2023 amounted to R392 100. The following adjustments were made to the income and expenses but not to the balance sheet accounts: 1. A physical stocktake on 31 July 2023 revealed the following: 1.1. Trading inventory on hand amounted to R1 050000 . 1.2 Stationery unused amounted to R2 000 . REQUIRED Use the information provided below to prepare the Statement of Financial Position of Trent Limited as at 31 July 2023. The notes to the financial statements are not required. INFORMATION Adjustments and additional information The profit after tax for the year ended 31 July 2023 amounted to R392 100. The following adjustments were made to the income and expenses but not to the balance sheet accounts: 1. A physical stocktake on 31 July 2023 revealed the following: 1.1. Trading inventory on hand amounted to R1 050000 . 1.2 Stationery unused amounted to R2 000
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