Here is an alphabetical list of the assets and liabilities of Tshwete and Sons, as at 28
Question:
Here is an alphabetical list of the assets and liabilities of Tshwete and Sons, as at 28 February 20x9:
You are required to:
Prepare the properly classified statement of financial position of Tshwete and Sons as at 28 February 20x9 in both vertical and horizontal format.
Transcribed Image Text:
Accounts payable Accounts receivable Capital - Tshwete (1 March 20x1) Cash at bank Furniture and fixtures Land and buildings Mortgage bond (repayable over 20 years) Stock of materials Vehicles. 23 400 00 15 200 00 80 000 00 6 000 00 14 300 00 108 000 00 67 000 00 32 400 00 3 100 00
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Related Book For
Fundamental Accounting
ISBN: 9781485112112
7th Edition
Authors: David Flynn, Carolina Koornhof, Ronald Arendse, Anna C. E. Coetzee, Edwardo Muriro, Louise Christel Posthumus, Louise Mancy Smit
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