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The trial balance of Beta shows the following balances at 3 1 December 2 0 2 3 :Additional information: ( 1 ) During the year

The trial balance of Beta shows the following balances at 31
December 2023:Additional information:
(1) During the year to 31 December 2023, assets with a carrying amount of $3,790 were sold with a profit of $1,100. No entries have yet been made to record this. Depreciation charges for the year should be calculated at 10% on cost.
(2) Inventories (raw materials) at 1 January 2024 were valued at $32,000, work-in-progress at 1 January 2020 was valued at $5,000
(3) The income tax for the year is evaluated as $2,000
(4) Beta works as an agent for a number of smaller contractors, earning commission of 10%. Beta's revenue includes $6,000 received from clients under these agreements with $5,400 in cost of sales representing the amount paid to the contractors.
(5) Receivables totalling $14,000 are to be written off
(6) Intangible assets are to be amortized at 10% on cost
(7) Allowance for receivables should be created as 0,1% of net sales
(8) Land is to be revalued to $750,000
(9) On 21 December 2023 Beta received an order from a new customer, Alfa, for products with a sales value of $500,000. Alfa enclosed a deposit with the order of $200,000. On 31 December 2023 Beta had not completed credit checks on Alfa and had not despatched any goods.
No transactions are recorded.
(10) Petty cash balance, $5,000 Required:
Prepare
(i) general journal for the transactions; (ii) ledger accounts showing descriptions and balances; (iii) a trial balance; (iv) a statement of profit or loss and other comprehensive income for the year ended 31 December
2023,
(v) a statement of changes in equity for the year ended
31 December 2023,
(vi) a statement of financial position at that dateomitted from the trial balance.
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