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V 7 The trial balance of Beta shows the following balances at 3 1 December 2 0 2 3 Additional information: ( 1 ) Inventories

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V7
The trial balance of Beta shows the following balances at 31 December 2023 Additional information:
(1) Inventories at 1 January 2024 were valued at $50,000.
(2) Depreciation charges for the year amounting to $27,000 and $5,000 are to be included in distribution costs and administrative expenses, respectively.
(3) The income tax rate is 20%.
(4) The discounts column in the cash payments book totalled $8,000 and had been posted to the debit of discounts account
(5) There were no disposals of any non-current assets during the year. A delivery vehicle was purchased on credit for $12,000 on 30 December 2023. No entries have yet been made to record this.
(6) Insurance for delivery vehicles is to accrued as $2,000.
(7) Receivables totalling $20,000 are to be written off
(8) During the year the company issued a further 25,000 shares at $1.20. No entries have yet been made to record this.
(9) Bonus for administration director for 2023 is evaluated as 1% of gross profit
(10) General reserve is to be increased by $ 6,000.
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 date
Do all points please!
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