The trial balance of M at 30 June 20X2 was as follows: 7% Preferred shares of $1 Ordinary shares of 50 cents Share premium account Retained earnings, at 1 July 20X1 Inventory, 1 July 20X1 Land at cost Buildings at cost Buildings, accumulated depreciation, 1 July 20X1 Plant at cost Plant, accumulated depreciation, 1 July 20X1 Trade payables Trade

Sep 8, 2023

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The trial balance of M at 30 June 20X2 was as follows: 7% Preferred shares of $1 Ordinary shares of 50 cents Share premium account Retained earnings, at 1 July 20X1 Inventory, 1 July 20X1 Land at cost Buildings at cost Buildings, accumulated depreciation, 1 July 20X1 Plant at cost Plant, accumulated depreciation, 1 July 20X1 Trade payables Trade
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