Question: please help me with the correct and complete answer...type Dont provide me with the answer below because its wrong and incomplete please Premier Suites Ltd


please help me with the correct and complete answer...type
Dont provide me with the answer below because its wrong and incomplete please

Premier Suites Ltd Abridged Statement of profit or loss\& other Comprehensive Income for the year ended 31 December 2020 Premier Suites Ltd Statement of Finanrial nncition ac at 21 Deremher 300 Premier Suites Ltd Matae to tha finanrial etatemante far tha wase andad 21 naramhar onon Premier Suites Ltd Statement of changes in enuitu for the vear anded 31 Deremher 2020 Additional information: 1. Favorable market conditions enabled the company to place 200000 ordinary shares privately with institutional investors at 55c per share and also to issue 600006% preference shares to the public at N\$1 per share. - The issue of new shares was to redeem the mortgage debentures - The company paid share issue expenses of N\$1000 and this amount was written off at 31 December 2020. 2. The company had sold a small plot in December 2020. The cost of the land disposed of was N\$4 000 (No other fixed assets were sold or scrapped during the year) 3. Included in the profit before taxation is interest paid of N$5400, and interest received of N$ 1300. 4. Dividends declared consists of: - Ordinary dividends N\$10 000 - Preference dividends N\$\$ 6000 20 Statement of cashflow of premier suits ltd for the Year ended 3.1 Dec'2020 wing direct method pouticular cash flow from operating activities (t) Cash inflow from salas 239000+600025800 2,19,200 (t) interest out flow included 5400 in profit out flow form purchases [1;94,000+174024200+61300(220,500) ( ) interest inflow eleducted (1300) ( profit from sale of land (3,200)(6000) Taxes paid (12700)(9,500) cashflow from operating activities cashflow from Investing activities Sale of plot (1 Asset acquired duning yeac (2,81,0004000+316200) cash flow from finaning activities Niew shares 1 ssued (1,00000+60,000)1,70,000 Dividend declared (16,000) 3.3 Cash and cash eualents comprises of bank holanon onah halinon ond ahorttorm Premier Suites Ltd Abridged Statement of profit or loss\& other Comprehensive Income for the year ended 31 December 2020 Premier Suites Ltd Statement of Finanrial nncition ac at 21 Deremher 300 Premier Suites Ltd Matae to tha finanrial etatemante far tha wase andad 21 naramhar onon Premier Suites Ltd Statement of changes in enuitu for the vear anded 31 Deremher 2020 Additional information: 1. Favorable market conditions enabled the company to place 200000 ordinary shares privately with institutional investors at 55c per share and also to issue 600006% preference shares to the public at N\$1 per share. - The issue of new shares was to redeem the mortgage debentures - The company paid share issue expenses of N\$1000 and this amount was written off at 31 December 2020. 2. The company had sold a small plot in December 2020. The cost of the land disposed of was N\$4 000 (No other fixed assets were sold or scrapped during the year) 3. Included in the profit before taxation is interest paid of N$5400, and interest received of N$ 1300. 4. Dividends declared consists of: - Ordinary dividends N\$10 000 - Preference dividends N\$\$ 6000 20 Statement of cashflow of premier suits ltd for the Year ended 3.1 Dec'2020 wing direct method pouticular cash flow from operating activities (t) Cash inflow from salas 239000+600025800 2,19,200 (t) interest out flow included 5400 in profit out flow form purchases [1;94,000+174024200+61300(220,500) ( ) interest inflow eleducted (1300) ( profit from sale of land (3,200)(6000) Taxes paid (12700)(9,500) cashflow from operating activities cashflow from Investing activities Sale of plot (1 Asset acquired duning yeac (2,81,0004000+316200) cash flow from finaning activities Niew shares 1 ssued (1,00000+60,000)1,70,000 Dividend declared (16,000) 3.3 Cash and cash eualents comprises of bank holanon onah halinon ond ahorttorm
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