(a)[4]
Prepare the summarised equity and liabilities part of the draft statement of financial position of W plc at 31 December 2019.
(b)[3]
Calculate the draft profit for the year to 31 December 2019.
(c)[10]
Prepare the draft statement of changes in equity for the year ended 31 December 2019. No total column is needed.
(d)[4]
Define what is meant by the terms ‘adjusting events’ and ‘non-adjusting events’ under IAS 10.
(e)[4]
Explain the proper accounting treatment for the $8000 owed by a customer who was declared bankrupt at 31 December 2019.