Prepare the Statement of Financial Position for the years 2018 and 2019: Particulars 2018 2019 Short...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Prepare the Statement of Financial Position for the years 2018 and 2019: Particulars 2018 2019 Short Term Loan Taxation Proposed Dividend Trade Receivables Share Premium 9% Redeemable Bonds Equipment, Buidling and Motor Vehicles Ordinary Share Capital Sundry Debtors Legal Reserves Bank Retained Earnings Closing Stock 11,936 18,440 6,000 12,696 5,600 8,400 64,832 14,320 21,816 8,400 10,200 8,800 4,200 80,048 56,000 10,200 40,000 12,696 5,600 7,960 13,792 11,584 8,000 18,208 20,560 23,440 Prepare the Statement of Financial Position for the years 2018 and 2019: Particulars 2018 2019 Short Term Loan Taxation Proposed Dividend Trade Receivables Share Premium 9% Redeemable Bonds Equipment, Buidling and Motor Vehicles Ordinary Share Capital Sundry Debtors Legal Reserves Bank Retained Earnings Closing Stock 11,936 18,440 6,000 12,696 5,600 8,400 64,832 14,320 21,816 8,400 10,200 8,800 4,200 80,048 56,000 10,200 40,000 12,696 5,600 7,960 13,792 11,584 8,000 18,208 20,560 23,440
Expert Answer:
Answer rating: 100% (QA)
Balance Sheet as on Decemnber 31 2018 Patriculars 2018 2019 ASSETS Current ... View the full answer
Related Book For
Financial Accounting A User Perspective
ISBN: 978-0470676608
6th Canadian Edition
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
Posted Date:
Students also viewed these accounting questions
-
The statement of financial position for Paragon Corporation at November 30, 2009, the end of its current fiscal year, follows. The market price of the companys common stock was $4 per share on...
-
The statement of financial position for Diaz Company includes the following accounts: Accounts Receivable .... 12,500; Prepaid Insurance ...... 3,600; Cash ........... 15,400; Supplies .............
-
The statement of financial position for Cool Air Ltd. as at the end of 2010 and its trial balance as at the end of 2011 follow: COOL AIR LTD. Statement of Financial Position December 31, 2010 COOL...
-
Q1 The spectrum of two light sources A and B are shown in Figure 1(a) and Figure 1(b) respectively: W Light Source A 10. wwwth [nm] 1.045,24 11.A Light Source B MA MA 1 ww.alanghem MA Figure 1(a)...
-
Justin Allen, a product engineer for L'Oso Gaming, is designing a new electronic game. Market research indicates that gamers will pay $36 for the game. Required a. If L'Oso desires a 60% markup on...
-
What are some arguments for and against each of these policies: dismissal, demotion, return to the same job following rehabilitation, and return to a different job following rehabilitation?
-
Beccan Company is a discount tire dealer operating 25 retail stores in the metropolitan area. Beccan sells both private-brand and name-brand tires. The company operates a centralized purchasing and...
-
Pinsetters Supply is a merchandiser of three different products. The companys February 28 inventories are footwear, 15,500 units; sports equipment, 70,000 units; and apparel, 40,000 units. Management...
-
Entries for issuing par stock On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 20,000 shares of $12 par common stock at $41, and on February 27, it issued for cash...
-
The proposed rates were not in the range the CEO expected given the pricing analysis. The CEO has asked the pricing actuary to verify the total projected loss cost excluding potential large storm...
-
Carnival Corporation (CCL) recently sold new bonds at discount price of $990.00. The bonds have a short 3-year maturity, have a coupon rate of 11.50%, and pay interest semi-annually. In addition to...
-
Organizational Cynicism Although previous researchers had examined employee cynicism toward organizational change, James Dean, Pamela Brandes, and Ravi Dharwadkar retooled the concept for a broader...
-
Organizational Development and Sense-Making Approaches from the textbook, Palmer, I., Dunford, R., & Buchanan, D. (2022). Managing organizational change: A multiple perspectives approach McGraw-Hill...
-
Organizational knowledge is the collective knowledge and abilities possessed by the people who belong to an organization. By definition, knowledge is a living type of information that is actively...
-
An organization's culture is established by the employees of the organization. What is the organization culture at any job and has it been beneficial to the success of the organization?
-
The cost for producing a bags of soil is given by C(a) = 500 + 7022 + 2x + 300 with 0 z <4000 Find the function for the marginal cost. The marginal cost function is C'()- (To enter square roots use...
-
Function SubStr( St As String) As String Sum=1 for x=1 to 8 if x mod 2 = 1 then S=Mid(St, x, x*2) Else S=Mid(St, x, x+2) End if Next x SubStr=S End Function Sub Cmd_Click() Label.text=...
-
Clark, PA, has been engaged to perform the audit of Kent Ltd.s financial statements for the current year. Clark is about to commence auditing Kents employee pension expense. Her preliminary enquiries...
-
Selected items from the adjusted trial balance for Puzzle-Solver Consulting Services as of January 31, 2012, follow: Partial Adjusted Trial Balance as of January 31, 2012 Required: a. If supplies...
-
As a lender, discuss whether you would be more comfortable with a company having long-term assets in the form of (a) property, plant, and equipment, or (b) goodwill, when you consider making a...
-
Discuss why, in addition to preparing a statement of earnings, it is important for companies to also prepare a statement of cash flows.
-
Simplify \(2^{1 / 2} 5^{1 / 2} 4^{-1 / 4} 20^{1 / 4} 5^{-1 / 4} \sqrt{10}\).
-
Show that \((50)^{3 / 4}\left(\frac{5}{\sqrt{2}} ight)^{-1 / 2}=10\).
-
What is the square root of \(2^{1234}\) ? What is the real cube root of \(3^{\left(3^{333} ight)}\) ?
Study smarter with the SolutionInn App