Question: Please help me Please help me .. Please help me ..please Prepare the statement of financial position at 31 March 2021. Question 1 Zennica plc

Please help me Please help me .. Please help me ..please

Please help me Please help me .. Please help me ..please Prepare

  1. Prepare the statement of financial position at 31 March 2021.

Question 1 Zennica plc provided the following information for the year ended 31 March 2021. At 1 April 2020 Land and buildings - cost Retained earnings Share capital - ordinary shares of $1 each Share premium 7% bank loan (2021) 6% debentures (2030) RM 650.000 98.908 295,000 25,000 80,000 75,000 At 31 March 2021, RM 36,100 9.264 700 Plant and equipment - carrying value Bank Cash Inventory Raw materials Work in progress Finished goods Tax payable Trade payables Other payables Trade receivables 19,690 34,715 15.168 15.280 84.144 3,692 56.400 Additional information: On 1 June 2020 a rights issue of two ordinary shares for every five shares held was made at a premium of RM 0.30 per share. The issue was fully subscribed. On 1 December 2020 a final dividend of RM 20,650 was paid. On 1 January 2021 RM 50,000 of the 7% bank loan (2021) was repaid. . On 31 March 2021 profit for the year was RM 62,263 before adjusting for the allowance for doubtful debts at 2% of trade receivables. On 31 March 2021 land and buildings were to be revalued to RM 800,000

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