1) Revaluation deficit of PPE = 92000-95000=-3000 (Revaluation reserves)
2) Right issue: increase share capital 15,000 and share premium 9,000
DR. Suspense account 24,000
CR. Share capital 15,000
CR. Share premium 9,000
3) Profit for the year(see lecture example answer of statement of comprehensive income)
=56,500 (increase Retained earnings)
