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The following balances were obtained from the books of Hakuna Matata plc as at August 3 1 , 2 0 1 4 : Additional information:

The following balances were obtained from the books of Hakuna Matata plc as at August 31,
2014:
Additional information:
a) Provide for depreciation as follows: fixtures and fittings 10% on the reducing
balance, and motor vehicles 10% on the straight-line basis
b) Wages and salaries for $5,000 is prepaid; while insurance is owing by $7,000
c) The preference shares dividend is to be accounted for
d) Goodwill impairment amounted to 25%
e) Corporation tax is estimated at $25,000
f) The following expenses must be appropriated:
Required:
Prepare the final accounts for the year ended August 31,2014.
Required:
Prepare the following:
1. The statement of profit and loss for the year ending August31,2014..Finfd Earnings per share.
2. The statement of change in equity for the year ending August 31,2014
3. The statement of financial position as at August 31,2014.
4. The Statement of Cash Flow
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