Use the following transaction worksheet to complete the table: Details Opening balances Event 1 Event 2 Event

Use the following transaction worksheet to complete the table: 

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Details Opening balances Event 1 Event 2 Event 3 Event 4 Event 5 Event 6 Event 7 Event 8 Event 9 Event 10 Event 11 Event 12 Event 13 Event 14 Closing balances Cash 85,255 (49,121) (5,778) (10,800) 4,897 (351,759) (6,500) 478,095 (108,000) 64,800 50,900 (3,459) (20,874) 127,656 Trade receivables 40,515 (478,095) 486,200 48,620 Inventories 31,897 371,400 (369,400) 33,897 Other current assets 2,203 1,397 3,600 Property, plant & equipment 116,317 (11,632) 13,000 117,685 Investments 122,831 122,831 Trade payables 17,499 371,400 (351,759) 37,140 Current tax payable 3,459 6,638 10,097 Other current liabilities 4,874 6,500 (4,874) 6,500 Borrowings 213,570 (42,714) 170,856 Contributed equity 101,841 50,900 152,741 Retained earnings Opening balance - Retained earnings Income Expenses (6,407) (11,632) (9,403) 4,897 (108,000) (369,400) 551,000 (10,097) (16,000) (530,939) 555,897 Closing balance - Retained earnings 57,775 Dividends (5,778) (5,778) 76,955 Details Opening balances Event 1 Event 2 Event 3 Event 4 Event 5 Event 6 Event 7 Event 8 Event 9 Event 10 Event 11 Event 12 Event 13 Event 14 Closing balances Cash 85,255 (49,121) (5,778) (10,800) 4,897 (351,759) (6,500) 478,095 (108,000) 64,800 50,900 (3,459) (20,874) 127,656 Trade receivables 40,515 (478,095) 486,200 48,620 Inventories 31,897 371,400 (369,400) 33,897 Other current assets 2,203 1,397 3,600 Property, plant & equipment 116,317 (11,632) 13,000 117,685 Investments 122,831 122,831 Trade payables 17,499 371,400 (351,759) 37,140 Current tax payable 3,459 6,638 10,097 Other current liabilities 4,874 6,500 (4,874) 6,500 Borrowings 213,570 (42,714) 170,856 Contributed equity 101,841 50,900 152,741 Retained earnings Opening balance - Retained earnings Income Expenses (6,407) (11,632) (9,403) 4,897 (108,000) (369,400) 551,000 (10,097) (16,000) (530,939) 555,897 Closing balance - Retained earnings 57,775 Dividends (5,778) (5,778) 76,955

Answer rating: 100% (QA)

Answer Solution Balance Sheet Current Assets Cash Cash Equivalants Trade Receivables Invent... View the full answer