Question: QUESTION 2 kindly assist with answer in table format auestion? (20 Marks) RECUIRED Prepare the Pre Form salement of Financial Foesion as at 31 Deoenber

QUESTION 2
kindly assist with answer in table format
 QUESTION 2 kindly assist with answer in table format auestion? (20

auestion? (20 Marks) RECUIRED Prepare the Pre Form salement of Financial Foesion as at 31 Deoenber 2uks fun the Sualenent of Franow Pos bon and addereral irlomation provided below inropashinow The francia potiton of Gat Limied as at 31 December 2622 in iefledod fhe folowing atutemart: Additienal inlgrmation The following must be taiten inte acoount far 242z: 50m) of the sales as eipected to be for tast and the takance a on bedi. - The detior collection period is cxpedied to be 36.5 dayp. - Ni purchases of invertanes are erpectid to be on credi and ave entrutad to total R46 000 to0. The eriditor peyment period is estimaled to be T3 dajs. - Equipnent with a cosi proe of Re 000000 as expected to be purctased to 01 dy 29e1. Tola depreciasion as expected to be RB00 000 for the year. - The makrity dates of he faed aepouls aee as folcwr. R50 00001 May 2023 R120000 31 thay 2005 - The ban balanco is erpectad to be reduand by R600 oco - A baris belance of 1 th of sales is desired - Crinary shave captal will remain unctanged. - The amount of extemal non-aurent funding required must be caiculated (bel moing foure)

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!