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The information given below was extracted from the accounting records of AB LIMITED Information from the Statement of Financial Position as at 2 0 2

The information given below was extracted from the accounting records of AB LIMITED
Information from the Statement of Financial Position as at
2022
R
2021
R
Ordinary share capital
Retained earnings
Property, plant and equipment (see
note
Investments
12.5% Debentures
Inventory
Trade debtors
Bank
Prepaid expenses
Trade creditors
Bank overdraft
South African Revenue Services
750000
145000
475000
248000
125000
320000
57000
?
15500
60000
25000
580000
60000
410000
220000
120000
260000
67500
2500
85000
50000
40000
Extract from the Statement of Comprehensive Income for the year ended
31 December 2022
Profit before interest and tax
Depreciation on equipment
Dividends received on investment
Interest on debentures
Income tax
342000
25000
30000
22500
75000
Extract from Statement of changes in equity for the year ended 31 December 2022

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