The accountant of Zul Co$.$ has prepared the following list of account balances as at $31$ December $2023.$ MUR $00050$c ordinary shares $($fullY PAID$)4,50010\%$ debentures $($Secured$)2,000$ Retained Earnings $01\mathrm{.}01\mathrm{.}232,420$ General reserve $01\mathrm{.}01\mathrm{.}231,710$ Land and buildings $01\mathrm{.}01\mathrm{.}23($cost$)4,300$ Plant and Machinery $01\mathrm{.}01\mathrm{.}23($cost$)8,300$ Annual Depreciation Buildings $01\mathrm{.}01\mathrm{.}23200$ Plant and Machinery $01\mathrm{.}01\mathrm{.}232,220$ Inventory $01\mathrm{.}01\mathrm{.}231900$ Sales $26,950$ Purchases $21,520$ Ordinary Dividend $150$ Debentures Interest $100$ Wages and Salaries $2,540$ Light and Heat $310$ Sundry Expenses $1,130$ Suspense account $4,200$ Trade accounts receivable $1,790$ Trade accounts payable $1,950$ Cash $4,110$ NOTE: $($A$)$Sundry Expenses include MUR$90,000$ paid in respect of insurance for the year ending $01$ September $2024.$ Light and heat does not include an invoice at MUR $30,000$ for electricity for the three months ending $02$ January $2024$ which was paid in February $2024.($B$)$ The suspense account is in respect of the following items: MUR $000$ Proceeds from issue at $1,000,000$ ordinary shares $1,200$ Proceeds from sales of plant $3,0004,200($C$)$The property was acquired some years ago. The buildings element at the cost was estimated at MUR $1,000,000$ and the estimated useful at the assets was fifty years at the time of purchase. As at $31$ December $2023,$ the property is to be revalued at MUR $8,000,000.($D$)$The plant which was sold had cost MUR $3,500,000$ and had a carrying amount of MUR $2,740,000$ as on $1\mathrm{.}1\mathrm{.}23.$ MUR $360,000$ depreciation is to be charged on Machinery for $2023.($E$)$ The management wish to provide for: I. Debenture interest due II$.$ A transfer to general reserve at MUR $160,000$ III. Audit fee of MUR $40,000($F$)$ Inventory as at $31$ December $2023$ was valued at MUR $2,200,000($cost$)($G$)$Taxation is to be ignored. REQUIRED Prepare the financial statements of Zul Co$.$ as at $31$ December $2023.$ You do not need to produce note to the statements.