Question: REQUIRED Use the informaton provided below to prepare the Statement of Financial Posti n of Kansas Lirrited as at 3 0 June 2 0 2

REQUIRED
Use the informaton provided below to prepare the Statement of Financial Postin of Kansas Lirrited as at 30 June 2024. The notes to the financial slatements are not required.
INFORMATION
The following balances were oblaned from the accounling records of Kansas Limilad afer all the adjustments and closing transters were completed on 30 June 2024, the end of the linancial year.
\table[[,R],[Imentory,420000],[Inventory,120000],[Deblors control,],[Equipment,2640000],[Accurmulaled depreciation on oquipment,240000],[Cashifloat,18000],[Credilors control,272000],[Provision for bad debts (Refer to Note 1 below),?
REQUIRED Use the informaton provided below to

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!