I hope the answer for this question will be correct with the steps even if you take 3 hours long to answer it.

It is complete indeed. Left side there are the questions and on the right the required. What is lacking?!?

QC. The following trial balance has been extracted from the books and records of Al-Quds Ple, on 31 December 2020: E Rart one 525.000 Equipment at cost Using International Accounting Standards (IAS) produce the following financial statements: 75.000 Truck at cost 27,000 Accumulated depreciation on truck bil 171.000 (a) The statement of profit or loss for the year ended 31 December 2020 85,500 Computers at cost Accumulated depreciation on computers b/ Trade Receivables/Payables (b) The statement of changes in equity for the year ended 31 December 2020. 78.300 132.960) 118.350 (c) The statement of financial position as at 31 December 2020. General expenses 130.500 1711315 Inventory at 1 January 2020 Cash and cash equivalents Retained earnings at 1 January 2020 Note Show all your workings as notes to the accounts. 70 275 735.975 Purchases of inventory Part two 198,765 Wages 1,418,715 Revenue Explain the differences between financial and management accounting from five perspectives. 450.000 215,550 Ordinary shares at 0.50 each Long term borrowings Electricity 171.000 84,795 Transportation expenses Additional information The directors estimate the corporation tax to be 19.500, Inventory at 31 December 2020 was valued at 166,500 Depreciation is to be provided on a 10% reducing balance basis for the year for Truck and 20% on cost (straight line basis) for computers 300,000 shares were issued on 1 July 2020 at a price of 1.10 per share. This transaction has not been recorded. The directors proposed and agreed a dividend of 5 pence per share which will be paid out after the year end to all shareholders registered at 31 December 2020