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sia2 2. The following trial balance was extrasted from the ledger of Obichi Lad as at 31- March 2022. The following additional information is provided:

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sia2 2. The following trial balance was extrasted from the ledger of Obichi Lad as at 31- March 2022. The following additional information is provided: i. Provision is to be made for depreciation on the nom-current assets at the following ration. ii. The following payments were made in advance in respect of: Rent NI4120,000 Insurance N292,000 iii. Provision to be made on douthful debts is NI, 120,000 iv. Provision to be male for audit fecs of N2,400,000 v. Closing inventories 31/3/2022 N9,720,000 vi. Current year income tax charge N6,420,000 vii. The Dircctors have progosed a dividesd of N4,000,000 for the ordinary sharcholders viii. Authorized Share Capital are as folloras: 10,000,00010% pref. Shares at NI cach 30,000,000 ordinary shares at N1 cach Required: sia2 2. The following trial balance was extrasted from the ledger of Obichi Lad as at 31- March 2022. The following additional information is provided: i. Provision is to be made for depreciation on the nom-current assets at the following ration. ii. The following payments were made in advance in respect of: Rent NI4120,000 Insurance N292,000 iii. Provision to be made on douthful debts is NI, 120,000 iv. Provision to be male for audit fecs of N2,400,000 v. Closing inventories 31/3/2022 N9,720,000 vi. Current year income tax charge N6,420,000 vii. The Dircctors have progosed a dividesd of N4,000,000 for the ordinary sharcholders viii. Authorized Share Capital are as folloras: 10,000,00010% pref. Shares at NI cach 30,000,000 ordinary shares at N1 cach Required

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