From the following account balances of Josland at 31 December 20X2 prepare a balance sheet in both T format and narrative classified format Cash at bank $113 500 Accounts receivable (net) 52 400 Inventory 92 000 Prepayments 11 300 Vehicles Buildings Intangible assets 44 600 225 700 72 000 Accounts ...

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From the following account balances of Josland at 31 December 20X2 prepare a balance sheet in both

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From the following account balances of Josland at 31 December 20X2 prepare a balance sheet in both T-format and narrative classified format. image text in transcribed

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Accounting Information For Business Decisions Accounting

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Authors: Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh

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Question Posted: Mar 15, 2024 01:01 AM

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From the following account balances of Josland at 31 December 20X2 prepare a balance sheet in both

Question:

Cash at bank $113 500 Accounts receivable (net) 52 400 Inventory 92 000 Prepayments 11 300 Vehicles Buildings Intangible assets 44 600 225 700 72 000 Accounts payable 32 000 Loans & borrowings 130 000 Provision for staff leave 52 000 Share capital 320 000 Retained earnings ?

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Accounting Information For Business Decisions Accounting

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