Question: QUESTION 2 1.Classify the items under assets, liabilities or owners' equity and draft the statement of financial position for Gocolate Ltd at 28 February 2019:(10)
QUESTION 2 1.Classify the items under assets, liabilities or owners' equity and draft the statement of financial position for Gocolate Ltd at 28 February 2019:(10) Machine R100 000 Motor Vehicle R 50 000 Debtors control R 20.000 Creditors control R 70 000 Bank overdraft R 50 000 Mortgage loan Inventories Equipment Fixed deposit Stationery on hand 1 B I R 70 000 R 30 000 R 30 000 R 50.000 R 5.000 B 2 M Q Search DELL
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
