Question: Cash at bank $35,000 $21,000 Bank bills $5,000 $4,300 Deposits at call $3,200 $2,500 Accounts receivable $24,650 $18,900 Allowance for doubtful debts $(1,250) $(950) Inventory

Cash at bank $35,000 $21,000 Bank bills $5,000 $4,300 Deposits at call $3,200 $2,500 Accounts receivable $24,650 $18,900 Allowance for doubtful debts $(1,250) $(950) Inventory $47,100 $48,300 Prepaid expenses $5,400 $2,100 Interest receivable $800 $900 Share investments $17,800 $33,900 Land $35,000 $35,000 Buildings $180,000 $120,000 Accum. depreciation - buildings $(52,200) $(47,250) Equipment $90,000 $77,400 Accum. depreciation - equipment $(28,950) $(34,800) Patents (indefinite life) $7,200 $6,100 Total Assets

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