REQURED Use the intomation provided below to prepere the Satenent of Franoil Position of Trent Linitad as at It Jiy 2003 . The notes to the financil statements are not required. Adfustments and additional informstion The profi sher tax for the year ended 31 Jiy 2023 anounted to Rege tol. The following acfusthents were made to the incone and experses but not to the beliance sheet account: 1. A prysical stodtale on 31 Juty 2023 revesled the foliowing: 1.1 Tissing inventioy on hend amounted to R1 050 000. 12 Stationery unsed anounted to R2 000. 2. Rent for Rugust 2003 was recitved and recorded on 31 Jaly 2023 , FH4 0WO. 3. Divitents of 70 cents per share are due from ABC Linited. 4. Comnission on sales of RBO OW is owed to the salespersons. 5. Equipnent, cast price R120 000, was purchased on crest on 01 July 2029 but 00 antry has been made for this. Deprecistion on equiprent is calculated at 15% pa on cast and on vehides at 20% pas on the diminishing balance. 6. The bani statenent was recehed ather the tial balance was prepared and it refected tank charges of RI \&OQ 7. The provision for bad detts must be adjusted b 5% of debtas