trade and other payables

Accounts payable 900,000

Accrued expenses 150,000
Accrued Interest on bonds
payable (2Mx10%x3/12) 50,000
Liability for loss on lawsuit
100,000
Total 1,200,000
Note 5 - Bonds Payable
Bonds payable 2,000,000
Discount on bonds payable -
200,000
Total 1,800,000
Note 6 - Reserves
Retained earnings appropriated
for treasury shares 250,000
Note 7 - retained earnings
Unadjusted balance 4,000,000
Add: Cancelation of
appropriation for contingencies
150,000
Total 4,150,000
Less: Interest accrued on bonds
payable 50,000
Appropriated for treasury stock
250,000
Actual loss on lawsuit 100,000
400,000
Unappropriated retained
earnings 3,750,000