use tge information provided below to prepare the statement of financial position of Lynwood Limited as at 31 August 2023. the notes to the financial statements are not required. show all workings. INFORMATION the following balances were obtained from the accounting records of Lynwood limited after some of the adjustments and closing transfers were completed on 31 August 2023,the end of the financial year. - Inventories=R315 000 Accounts = R92 000 loan :Lindor Bank (19.5%)=R200 000 Equipment (cost)=R1 980 000 Accumulated depreciated on equipment =? cash float = R13 500 Accounts payable = R211 000 Provision for bad debts = ? Accrued income = ? Ordinary share capital= R1 161 000 Retained income = R540 000 Company tax payable= R18 000 Bank (DR) = R99 000 Accrued expenses = ? Dividends payable = R161 000 THE FOLLOWING ADJUSTMENTS MUST BE MADE: 1. The account of a debtor who owed R2 000 must be written off 2. The provision for bad debt must be adjusted to 5% of debts 3. THe rent income account reflected a total of R99 000 which was for rent for the period 01 September 2022 to 31 July 2023. make the necessary adjustment 4. Interest on loan was owed for the last four months of the financial year. Interest is not capitalized 5. the equipment was acquired on 01 March 2023. Depreciation must be provided at 20 % per annum using the reducing balance method.