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solition pls, this is the full question ABC-Corporation is registered with an authorized ciptal Ps. 5,000,000 divided into 500,000 shares of Ps. 10 each. Pre-losing

solition pls, this is the full question
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ABC-Corporation is registered with an authorized ciptal Ps. 5,000,000 divided into 500,000 shares of Ps. 10 each. Pre-losing tral belance of ABC-Corporation Ltd provides following financial inlormation at the end of year December 31 st. 2019 . (i) Inventory at December 31 ist, 2019 valued Rs. 30,000 (ii) Accrued interest 15% on bonds payable and 5% on notes payable (ii) 35% corporate tax (iv) Declared 20% dividend on paid up capital. (v) Corporation allocated 15% depreciation on all tangbie food assets Required (a) Prepare an income statement, statement of retain eamings and balance she (b) Calculate all financial ratios (List already provided)

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