Question: Question 2 (8 Marks) Prepare the Statement of Financial Position for the years 2018 and 2019: Particulars Short Term Loan Taxation Proposed Dividend Trade Receivables

Question 2 (8 Marks) Prepare the Statement of Financial Position for

Question 2 (8 Marks) Prepare the Statement of Financial Position for the years 2018 and 2019: Particulars 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 2018 14,320 21,816 8,400 10,200 8,800 4,200 80,048 56,000 10,200 8,000 18,208 20,560 23,440 2019 11,936 18,440 6,000 12,696 5,600 8,400 64,832 40,000 12,696 5,600 7,960 13,792 11,584

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!

Explain whether each of the following is a source of experimental error: A student obtains three Erlenmeyer flasks, and he washes and rinses them. He dries the outside of each flask, but not the...

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...

Question 2 (8 Marks) Prepare the Statement of Financial Position for the years 2018 and 2019: Particulars 2018 2019 Short Term Loan 14,320 11,936 Taxation 21,816 18,440 Proposed Dividend 8,400 6,000...

Question 1 (5 Marks) Prepare statement of Comprehensive Income from the information given below of ABC SAOC for the year ended 31st December 2018: Sales Revenue 19,138,619 Cost of Goods Sold...

Question 2 (8 Marks) Prepare the Statement of Financial Position for the years 2018 and 2019: Particulars 2018 2019 Bills Payable 18,616 15,517 Taxation 28,361 23,972 Proposed Dividend 10,920 7,800...

Question 2 (8 Marks) Prepare the Statement of Financial Position for the years 2018 and 2019: Particulars 2018 2019 Sundry Creditors 17,900 14,920 Taxation 27,270 23,050 Proposed Dividend 10,500...

Question 2 (8 Marks) Prepare the Statement of Financial Position for the years 2018 and 2019: Particulars 2018 2019 Trade Payable 8,950 7,460 Taxation 13,635 11,525 Proposed Dividend 5,250 3,750...

Question 2 (8 Marks) Prepare the Statement of Financial Position for the years 2018 and 2019: Particulars Bills Payable Taxation Proposed Dividend Bills Receivables Share Premium 13% Mortgage Loan...

Question 2 (8 Marks) Prepare the Statement of Financial Position for the years 2018 and 2019: Particulars 2018 Bills Payable 18,616 Taxation 28,361 Proposed Dividend 10,920 Bills Receivables 13,260...

Question 2 (8 Marks) Prepare the Statement of Financial Position for the years 2018 and 2019: 2018 2019 Particulars Accounts Payable Taxation Proposed Dividend Accounts Receivables Share Premium 12%...

19 Question 2 (8 20 Prepare the Statement of Financial Position for the years 2018 and 2019: 21 22 Particulars 2018 2019 23 Trade Payable 8,950 7,460 24 Taxation 13,635 11,525 25 Proposed Dividend...

Pyming Corporation accounts for its 40% investment in Sillabog Company using the equity method. On the date of the original investment, fair values were equal to the book values except for a patent,...

For the circuit of Figure, assume that = 10.0 V R = 6.70 and L = 5.50 H. The ideal battery is connected at time t = 0. (a) How much energy is delivered by the battery during the first 2.00 s? (b)...

Music Company is considering investing in a new project. The project will need an initial investment of $ 2 , 4 2 4 , 0 0 0 and will generate $ 1 , 2 6 0 , 0 0 0 ( after - tax ) cash flows for three...

Based on the graph below, determine the following whether the graph is a complete graph Choose... the number of edges in the graph Choose... + the number of vertices that are of odd degree Choose......

Choose appropriate evaluation design and training outcomes based on the training objectives and evaluation purpose. page 297

Evaluate employees readiness for training. page 275

Identify the major parts of an effective performance management process. page 322