REQUIRED: 1. Recompute depreciation values? 2 Include other parts of partner's equity? 2023 Kami Naman Statement of

REQUIRED: 

1. Recompute depreciation values?
2 Include other parts of partner's equity?

Transcribed Image Text:

2023 Kami Naman Statement of Financial Position For the year ended June 30, 2023 ASSETS 2024 Current Assets Cash in Bank Merchandise Inventory Non-Current Assets Property, Plant and Equipment (Note 4) Total Assets Total Partners' Equity 2025 Note 4: Property, Plant and Equipment Office Equipment Accumulated Depreciation - Office Equipment Furniture & Fixture Accumulated Depreciation - Furniture & Fixture Total Property, Plant and Equipment Computational Notes to Financial Statements PARTNERS' EQUITY Current Assets Cash in Bank Merchandise Inventory Kami Naman Statement of Financial Position For the year ended June 30, 2024 ASSETS Non-Current Assets. Property, Plant and Equipment (Note 4) Total Assets Total Partners' Equity Note 4: Property, Plant and Equipment Office Equipment PARTNERS' EQUITY Accumulated Depreciation - Office Equipment Furniture & Fixture Accumulated Depreciation Furniture & Fixture Total Property, Plant and Equipment Current Assets Cash in Bank Merchandise Inventory Computational Notes to Financial Statements Total Partners' Equity Non-Current Assets Property, Plant and Equipment (Note 4) Total Assets 506,698 634,000 Kami Naman Statement of Financial Position For the year ended June 30, 2025 ASSETS PARTNERS' EQUITY 61,400 3008.6 56,000 8,287 Note 4: Property, Plant and Equipment Office Equipment 2,088,300 841,636 Accumulated Depreciation - Office Equipment Furniture & Fixture Accumulated Depreciation - Furniture & Fixture Total Property, Plant and Equipment 58,391 3008.6 47,713 2,744 Computational Notes to Financial Statements 6,183,504 1,030,510 55,383 3008.6 44,969 2,744 1,140,698 106,104 1,246,803 P582,346 58,391 47,713 106,104 2,929,936 100,352 3,030,288 P2,242,114 55,383 44,969 100,352 7,214,014 94,599 7,308,613 P6,546,726 52,374 42,225 94,599 2023 Kami Naman Statement of Financial Position For the year ended June 30, 2023 ASSETS 2024 Current Assets Cash in Bank Merchandise Inventory Non-Current Assets Property, Plant and Equipment (Note 4) Total Assets Total Partners' Equity 2025 Note 4: Property, Plant and Equipment Office Equipment Accumulated Depreciation - Office Equipment Furniture & Fixture Accumulated Depreciation - Furniture & Fixture Total Property, Plant and Equipment Computational Notes to Financial Statements PARTNERS' EQUITY Current Assets Cash in Bank Merchandise Inventory Kami Naman Statement of Financial Position For the year ended June 30, 2024 ASSETS Non-Current Assets. Property, Plant and Equipment (Note 4) Total Assets Total Partners' Equity Note 4: Property, Plant and Equipment Office Equipment PARTNERS' EQUITY Accumulated Depreciation - Office Equipment Furniture & Fixture Accumulated Depreciation Furniture & Fixture Total Property, Plant and Equipment Current Assets Cash in Bank Merchandise Inventory Computational Notes to Financial Statements Total Partners' Equity Non-Current Assets Property, Plant and Equipment (Note 4) Total Assets 506,698 634,000 Kami Naman Statement of Financial Position For the year ended June 30, 2025 ASSETS PARTNERS' EQUITY 61,400 3008.6 56,000 8,287 Note 4: Property, Plant and Equipment Office Equipment 2,088,300 841,636 Accumulated Depreciation - Office Equipment Furniture & Fixture Accumulated Depreciation - Furniture & Fixture Total Property, Plant and Equipment 58,391 3008.6 47,713 2,744 Computational Notes to Financial Statements 6,183,504 1,030,510 55,383 3008.6 44,969 2,744 1,140,698 106,104 1,246,803 P582,346 58,391 47,713 106,104 2,929,936 100,352 3,030,288 P2,242,114 55,383 44,969 100,352 7,214,014 94,599 7,308,613 P6,546,726 52,374 42,225 94,599

Answer rating: 100% (QA)

To address your questions 1 To recompute depreciation values we first need to understand if there is any additional information regarding the deprecia... View the full answer