Janet Richards has the following financial details as at 31 December 2012 Required Janet Richards Statement of fi nancial position as at 31 December 2012 Land and buildings 100,000 Trade payables 15,000 Plant and machinery 60,000 Long term loan 15,000 Inventory 40,000 Opening equity 200,000 Trade r...

The Answer is in the image, click to view ...

Janet Richards has the following financial details as at 31 December 2012. Required: Janet Richards Statement of

Question:

Janet Richards has the following financial details as at 31 December 2012.

image text in transcribed

Required: Janet Richards’ Statement of fi nancial position as at 31 December 2012.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Accounting

ISBN: 9781119977186

3rd Edition

Authors: Michael J. Jones

See More Books

Question Posted: May 19, 2024 02:05 AM

See More Questions

The following trial balance was extracted from the books of Leisureplay plc, a listed company, for the year ended 31 December 2012. (a) Inventories as at 31 December 2012 are 12,000 (b) Depreciation...
You have the following summarised trial balance for Stock High plc as at 31 March 2013. Further details are provided in the notes. 1. At the statement of fi nancial position date 8 is owing for...
2022 Full Year Results Strong sales growth and continued progress against strategy Underlying performance GAAP measures (unaudited) 2022 vs 2021 2022 vs 2021 Full Year Underlying sales growth (USG)...
The cost of a can of Coca Cola in 1960 was $0.10. The exponential function that models the cost of a Coca Cola by year is given below, where t is the number of years since 1960. C(t) = 0.10e0.0576t...
A patient develops an enlarged fatty liver and low blood glucose. These symptoms can be partially overcome only when massive amounts of carnitine are included in the diet. What enzyme defect might be...
As concrete cures, it gains strength. The following data represent the 7-day and 28-day strength (in pounds per square inch) of a certain type of concrete: (a) Treating the 7-day strength as the...
A Hamilton cycle _______________ different from a Hamilton circuit. Fill in the blank with is or is not to make the statement true.
What motivates employees? The Great Place to Work Institute evaluated nonfinancial factors both globally and in the United States. The results, which indicate the importance rating of each factor,...
let P(t) be the population of a country, in millions, t years after 1990, with P(8)=3.38 and P(13)=3.73. Find a formula for P(t) assuming that it is an exponential P(t)=? (formula)
What is a sole trader and why is it important for the sole trader to prepare a set of financial statements?
Jill Jenkins has the following financial details as at 31 December 2012. Required: Jill Jenkins net current assets as at 31 December 2012. Inventory 18,000 Cash 4,000 Trade receivables 8,000 Trade...
Statistics geeks rejoiced when the New York Times published an article on the normal curve (Dunn, 2013)! Biologist Casey Dunn wrote that Many real-world observations can be approximated by, and...
Shipping boxes come in various sizes and shapes. Consider a box with a square base, whose base length must be greater than 5 cm. The volume in cubic centimetres, V, of this box is given as V(x) = 3x...
Brierly Ltd is a very profitable and wealthy listed company which operates several bars and restaurants across Victoria and New South Wales. Alex, Henry, Beatrice, Sara and Eugenie are the company's...
A successful franchise owner of a prestigious sporting goods chain is feeling the effects of technology, with more and more online sales and fewer and fewer customers in the shops. Locally there are...
) A wooden pattern is used to cast a brass pattern which is further used for mass production of steel castings of cuboid shape having dimension 152 mm x 102 mm x 76 mm. Find the dimensions of the...
Name 5 ways you can enhance your study habits. Write one paragraph detailing one study skill you are not currently practicing that may work best for you. Describe your study habits currently and how...
Heritage Watercraft makes reproductions of classic wooden boats. The bottleneck in the production process is fitting wooden planks to build up the curved sections of the hull. This process requires...
Below is a sample of the data in the file NFLAttendance which contains the 32 teams in the National Football League, their conference affiliation, their division, and their average home attendance....
Tesla Inc. is analyzing a new model of electric vehicle. Values: Item Amount Selling Price $50,000 Variable Cost $30,000 Fixed Costs $10,000,000 Requirements: Calculate the break-even point in units....
Felipe's Mexican Restaurant incurred salaries expense of $ 6 0 , 0 0 0 for 2 0 2 4 . The payroll expense includes employer FICA tax, in addition to state unemployment tax and federal unemployment...
Your client, Aldridge, is a generous individual. During the year, he made interest - free loans to various family members when the Federal rate was 3 % . What impact, if any, will each of the...

Janet Richards has the following financial details as at 31 December 2012. Required: Janet Richards Statement of

Question:

Land and buildings 100,000 Trade payables 15,000 Plant and machinery 60,000 Long-term loan 15,000 Inventory 40,000 Opening equity 200,000 Trade receivables 30,000 Net profit 28,000 Cash 20,000 Drawings 8,000 Closing equity 220,000

Step by Step Answer:

Accounting

Students also viewed these Business questions