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$1.$ The income tax for the financial year ended $28$ February $2024$ amounted to R$138,000$ and must still be recorded.

$2.$ The revaluation of land for the current year resulted in a revaluation surplus amounting to R$114,000.$

$3.$ A provision of R$53,000$ must still be made for depreciation on equipment.

$4.$ Directors made the following resolutions at year$-$end, which are yet to be recorded:

$$ Dividends declared at R$1\mathrm{.}4$ per share and will be paid at the end of April $2024.$

$$ A total bonus amounting to R$163,000$ must be paid to directors on $30$ April $2024.$

$5.$ The loan from Broederstroom Bank was acquired on $1$ March $2023$ at an interest rate of $10\%$ per annum. Interest on all loans for the current financial year has not yet been accounted for. The loan is repayable in five $(5)$ annual equal instalments with effect from $1$ March $2024.$

$6.$ Authorised share capital consists of $1000,000$ NPV ordinary shares. Share capital stated above consists of ordinary shares issued at R$4\mathrm{.}00$ per share. On $01$ December $2023,$ the directors issued $50,000$ shares at R$5\mathrm{.}4$ per share. The shares were taken up by the public on $27$ February $2024,$ and this transaction has not been recorded.

$7.$ Inventory on $28$ February $2024$ consisted of the following:

$$ Inventory $($stock$)$ on hand: R$50,000$

$$ Stationery on hand: R$5,100$

$8.$ The allowance for credit losses must be adjusted to R$8,400.$ A debtor who owes the business R$12,200$ was declared insolvent and must be written off as irrecoverable.

$9.$ Investments consist of

$$ Investment in Mkhaya Institute $($Pty$)$ Ltd at a cost of R$140,000$ this investment is measured at cost$.$

$17,550$ shares in Mkhuluwa Ltd at fair value on $28$ February $2023$ this investment is held for trading and the fair value gain$/$losses are recognised in profit or loss. These shares were trading at R$15\mathrm{.}5$ per share on $28$ February $2024.$ On the $27$th of February $2024,$ Mkhuluwa Ltd declared a dividend of R$4\mathrm{.}5$ per share.

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