From the following information, prepare a balance sheet, appropriately classified, as at 30 June 2019 for Cobin
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From the following information, prepare a balance sheet, appropriately classified, as at 30 June 2019 for Cobin Ltd.
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Share capital Property, plant and equipment, at cost Accounts payable Accounts receivable Cash and cash equivalents Notes payable Prepayments Long-term debt, excluding current portion Long-term investments Provision for employee entitlements (noncurrent) Retained profits Income taxes payable Inventory Patents and trademarks Current portion of long-term debt Accumulated depreciation $ 150 000 550 000 61 000 68 000 43 000 30 000 10 000 200 000 110 000 34 000 184 000 32 000 81 000 44 000 25 000 190 000
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Cobin Ltd Balance Sheet as at 30 June 2019 Assets Amount Current Assets Cash an...View the full answer
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Related Book For
Financial Accounting An Integrated Approach
ISBN: 9780170411028
7th Edition
Authors: Ken Trotman, Elizabeth Carson
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