(a) From the above information, prepare the balance sheet of Budgie Limited indicating clearly the shareholders funds...
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(a) From the above information, prepare the balance sheet of Budgie Limited indicating clearly the shareholders’ funds and working capital.
(b) Comment on the capital position disclosed by the balance sheet you have prepared.
Transcribed Image Text:
Fixed assets, at cost Stock Bank overdraft Ordinary share capital Creditors Unappropriated profit Accumulated depreciation Debtors £000 160 40 30 100 45 22 50 47
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a Balance Sheet of Budgie Limited Liabilities Amount Shareholders Funds Ordinary Share Capital 100 A...View the full answer
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Related Book For
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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