a. Presented below is the adjusted trial balance of Abdullah Corporation at December 31, 2020.

Accounts Payable 10,000

Wages Payable 500

Unearned Service Revenue 2,000

Bonds Payable, due 2017 9,000

Share Capital – Ordinary 10,000

Share premium                                               2000

Retained Earnings  20,000

Net loss                                                             2500

Required: Prepare a classified section on Equity and Liabilities. (Marks 3)

What are the requirements of IFRS for a complete set of financial statements be presented annually?