From the following data construct the statement of financial position for N Pearson as at 28 February
Question:
From the following data construct the statement of financial position for N Pearson as at 28 February 2011.
Transcribed Image Text:
Premises Machinery Motor vehicles Inventory Trade receivables Trade payables Bank overdraft Cash Capital Net profit for year Drawings Loan repayable in 2014 105,000 13,700 9,100 9,800 4,543 7,565 3,423 323 88,434 23,434 7,390 27,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
N Pearson Statement of financial position as at 28 February 2011 Noncurrent assets P...View the full answer
Answered By
Michael Owens
I am a competent Software Engineer with sufficient experience in web applications development using the following programming languages:-
HTML5, CSS3, PHP, JAVASCRIPT, TYPESCRIPT AND SQL.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Frank Woods Business Accounting Basics
ISBN: 9780273725008
1st Edition
Authors: Frank Wood, Mr David Horner
Question Posted:
Students also viewed these Business questions
-
From the following data construct a statement of financial position for D Wilson as at 30 April 2019. Fixtures and fittings Equipment Inventory Trade receivables Bank Trade payables Cash Capital Net...
-
In June of 2014, Bill Madden considered expanding his micro tiles business. He planned to invest $2.0 million in 2016 to produce more and better quality plaster or metal tiles and lithographs. These...
-
Elmira, Inc had $20,000,000 of bonds outstanding on Dec 31, 2018. The ten year bonds were issued on Jan 1, 2012 for $21,000,000. Elmira can call the bonds at 102% any time after Jan 1, 2018. At the...
-
What are some of the problems created by multinational corporations in the home country? In the host country?
-
Which items comprise operating current assets? Why is it reasonable to assume that they grow proportionally to sales?
-
An asset has the estimated salvage values for various lives, shown in the table below. For each possible life from 1 to 6 by 1, determine the capital recovery cost for MARR of 8 percent/year. EOY NCF...
-
In your audit of Aviary Industries for calendar year 2011, you found a number of matters that you believe represent possible adjustments to the company's books. These matters are described below....
-
Contemporary psychoanalysis has undergone a paradigm shift from drive reduction to the relational model. The most fundamental difference between relational and classical forms of psychoanalysis is...
-
Below is the trial balance extracted from the books of R Grime as at 30 September 2015. Construct a statement of comprehensive income for the year to 30 September 2015 and a statement of financial...
-
From the following data construct the statement of financial position for T Quinn as at 30 June 2012. Buildings Machinery Inventory Trade receivables Bank Trade payables Cash Loan repayable in 2017...
-
Cardiolipins arc a group of lipids found in heart muscles. What products would be formed if all ester bonds, including phosphates, were saponified by treatment with aqueousNaOH? ROCH2 CH2OOR" A...
-
sample recipe of a lamb that used one or two the following preparation techniques. Barding Trimming Frenching Portioning Wet and dry marinating Mincing Rolling Tenderising Tying Skewering. You must...
-
A maintenance building construction project also includes an external electrical generator and water tank. The first activity is to excavate which requires two weeks. Following excavation, the...
-
In addition to reading the required resources, review the financial statements for the organization you have selected to find any indication of leasing by that organization. For your initial post,...
-
(a) If the difficulty target for a Bitcoin Proof-of-Work is given by the hash value "0000000000000001F24D00000000000000000000000000000000000000000000", discuss if the following hash value will be...
-
Mark the correct statement about Building right: Select one: a. Building right can not last longer, than 99 years O b. Building right is an obligation - relative right d. Building right arises at the...
-
For a rigid slab in plane motion, show that the system of the effective forces consists of vectors ors (mi)a, ??(mi)2ri, and (mi), ( ri) attached to the various particles Pi of the slab, where a is...
-
Test your confidence in the following Project Decisions: SI. # Question 01 02 03 04 05 06 07 08 09 10 How many years did it take to construct the largest Egyptian Pyramid- Pyramid of Cheops? When was...
-
Megan is an accountant for KnoxCo. She is a telecommuter and works most days from her home in Tennessee. Twice a month, she travels to Georgia for a staff meeting at the employer's Atlanta...
-
If a producer creates a really revolutionary new product and consumers can learn about it and purchase it at a website, is any additional marketing effort really necessary? Explain your thinking.
-
List your activities for the first two hours after you woke up this morning. Briefly indicate how marketing affected your activities.
-
What are the 10 leadership styles? construct open-ended questions for an executive, the questions should be best suited for each of the 10 leadership styles, for a total of 30 questions. Describe why...
-
You have recently given an employee a poor job performance review. You have decided to work with this employee on improving their effort on the job. What are the three key areas should you focus on...
-
When it comes to implementing a UX process, the following steps should be followed: 1. What are the six qualities that make up a good user experience? 2. What growing trend should UX designers keep...
Study smarter with the SolutionInn App