V$1$The trial balance of Beta shows the following balances at $31$ December $2023$: Dr Cr $$000$ $$000$ Issued share capital $(500,000$ shares, $$1$ par value$)500$Share premium $20$Finance costs$70$ Retained earnings $1$ January $2023124$Inventory $($raw materials$)$ at $1$ January $202360$ Revenue $1092$Purchases $590$ Purchases returns $26$Sales returns $28$ Carriage outwards $28$ Work$-$in$-$progress at $1$ January $202380$ Intangible assets$190$ Administrative wages $30$ Warehouse plant and equipment cost $92$ Accumulated depreciation $1$ January $202350$Delivery vehicle hire $20$ Distribution expenses $10$ Administrative expenses $30$ Directors salaries $30$ Sales allowances$45$ Investment income $61$Bank overdraft $40$Trade receivables $380$ Cash at bank $110$ Land $12019131913$Additional information:$(1)$Inventories at $1$ January $2024$ were valued at $$10,000.(2)$Work$-$in$-$progress at $1$ January $2024$ was valued at $$20,000(3)$Depreciation charges for the year amounting to $$27,000$ and $$5,000$ are to be included in distribution costs and administrative expenses, respectively. $(4)$The income tax rate is $20\%.(5)$Land was revalued at $31$ December $2023$ to $$100,000.$ No entries have yet been made to record this.$(6)$Insurance for delivery vehicles is to be accrued $$1,000.(7)$Receivables totalling $$30,000$ are to be written off$(8)$General reserve is to be created at $$2,000(9)$Allowance for receivables should be created as $2\%$ of net receivables$(10)$Sale of plant $($carrying value was $$180,000)$ for $$190,000$ had been credited to salesRequired: 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 date