Question: a. Using the financial information for Duke Ltd. given below, prepare a balance sheet for the financial year ending 30 June 2023 : Cash: BDT

a. Using the financial information for Duke Ltd. given below, prepare

a. Using the financial information for Duke Ltd. given below, prepare a balance sheet for the financial year ending 30 June 2023 : Cash: BDT 600,000: Accouns receivables: BDT 350,000; Accounts Payable: BDT 305,000; Accruals: BDT 190,000; 5-year Noles Payable: BDT 590,000. Inventories: BDT 135,000; Net plant and equipment. BDT 2,000,000; Common Siock: BDT 1,500,000; Retained Earnings: BDT 500,000. b. Calculate the net working capital of Duke Ltd. using the information given in (a). Does the company have sufficient working capital? Why or why not? (2)

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