Question: Prepare J. Magee's statement of financial position (vertical format as utilized in the chapter) as at 31 December 20X3 from the following: You have to

Prepare J. Magee's statement of financial position (vertical format as utilized in the chapter) as at 31 December 20X3 from the following:

You have to determine J. Magee's equity capital balance.

Office machinery Trade payables Sundry payables Inventory of goods Stationery inventory Cash at bank Trade receivables Sundry receivables 18,000 1,000 800 2,900 200 550 8,150 2,000

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