Question: comments Find AaBbCcDe AaBbC Replace Create and Share Request Dictate I Normal No Spac. Heading 1 Select Adobe PDF Signatures TE E 2 .

comments Find " AaBbCcDe AaBbC Replace Create andcomments Find " AaBbCcDe AaBbC Replace Create and
comments Find " AaBbCcDe AaBbC Replace Create and Share Request Dictate I Normal No Spac. Heading 1 Select Adobe PDF Signatures TE E 2 . Sensitivity Voice Editing Adobe Acrobat Styles Question 3: (15 Marks) Jory Lid went into voluntary liquidation on 30 June 2020, its summarised statement of financial position then being. Current assets Amount Cash 30,000 Accounts receivable 22 000 Inventories 12,000 Non-Current assets Land 46 000 Plant 30 000 Total assets: 140,000 Current Rabilities Accounts payable 20 000 Total liabilities: Net Assets 20,000 120,000 260 pop - 51 shares, Paid ) Soc Less Cals in arrears (4OK at 25c) 9 130 000 Total equity. 10 000 120,000 All saves realised $106 090, Cals in arrears were fully collected. Payables allowed $1000 stop sharing 9 19.C S20 000 Accounts payable Totul liabilities. 20,000 120.000 Net Assets Equity 260 900 - SI shares, Paid ) SOc 5 130 000 Less: Cals in arrears (40K at 25c) S 10 000 Total equity 120,000 Al assets realised $106 000. Cals in arrears were fuly collected. Payables allowed $1000 discount Costs of liquidation were $5000. Required Record the above in the Liquidation account, the Liquidator's Cash account and the Shareholders Didn'loution account Answer herel Type the name of the account here Amount Deals Amount 1:15 PM

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