Question: Handwritten answer Font Paragraph Hul Using the information provided below, you are required to prepare: a) A Statement of Profit or Loss for the year

Handwritten answer
Handwritten answer Font Paragraph Hul Using the information provided below, you are

Font Paragraph Hul Using the information provided below, you are required to prepare: a) A Statement of Profit or Loss for the year ended 31 December 2021 (20 marks) b) A Statement of Financial position as at 31 December 2021 (22 marks) c) A Statement of Changes in Equity for the year ended 31 December 2021 (8 marks) d) Analyse and comment briefly on the results and use 5 ratios to support your answer (25 marks) (TOTAL 75 Marks) The following Trial Balance (TB) and additional information as at 31 December 2021 have been extracted from the accounting books and associated records of Caddy plc ("Caddy"): Assets and income, liabilities Expenses and Equity C'000 COO 2.000 200 100 850 1,600 200 350 650 40 40 100 Share capital 01.00 shares Share Premium Retained earnings at 31/12/2021 Purchases Sales Opening inventores: 01/01/2021 Trade Receivables (Debtors / Trade payables (Creditors Provision for bad & doubtfuldebts: 01/01/2021 Bad debts written off durint 31/12/2021 Salaries & other operating costs including rent Louipmenticost(See note 21 Louipments accumulated depreciation: 01/01/2001 Borldings see note 3 Buildings revaluation reserve tee note Bank loan-3% per annum interest rate seente) Bank balance Corporataves paid of the overall levishare folyezendin 21/12/2020 intern dividends bad (2 per share 1200 140 2.600 MO 1.000 50 100 30 S. Activ 5.00 Font Paragraph Hul Using the information provided below, you are required to prepare: a) A Statement of Profit or Loss for the year ended 31 December 2021 (20 marks) b) A Statement of Financial position as at 31 December 2021 (22 marks) c) A Statement of Changes in Equity for the year ended 31 December 2021 (8 marks) d) Analyse and comment briefly on the results and use 5 ratios to support your answer (25 marks) (TOTAL 75 Marks) The following Trial Balance (TB) and additional information as at 31 December 2021 have been extracted from the accounting books and associated records of Caddy plc ("Caddy"): Assets and income, liabilities Expenses and Equity C'000 COO 2.000 200 100 850 1,600 200 350 650 40 40 100 Share capital 01.00 shares Share Premium Retained earnings at 31/12/2021 Purchases Sales Opening inventores: 01/01/2021 Trade Receivables (Debtors / Trade payables (Creditors Provision for bad & doubtfuldebts: 01/01/2021 Bad debts written off durint 31/12/2021 Salaries & other operating costs including rent Louipmenticost(See note 21 Louipments accumulated depreciation: 01/01/2001 Borldings see note 3 Buildings revaluation reserve tee note Bank loan-3% per annum interest rate seente) Bank balance Corporataves paid of the overall levishare folyezendin 21/12/2020 intern dividends bad (2 per share 1200 140 2.600 MO 1.000 50 100 30 S. Activ 5.00

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!