Question: View Policies Current Attempt in Progress Below are incomplete financial statements for Road Ltd. Calculate the missing amounts. Road Ltd Statement of financial position Assets

View Policies Current Attempt in Progress Below
View Policies Current Attempt in Progress Below are incomplete financial statements for Road Ltd. Calculate the missing amounts. Road Ltd Statement of financial position Assets Liabilities and equity Cash $11,240 Liabilities Inventory 15,530 Accounts payable $23,920 Property 72,940 Equity Contributed equity (a) Retained earnings ( b ) Total assets $99,710 Total liabilities and equity $99,710 Statement of profit or loss Revenues $215,430 Cost of sales ( c ) Administrative expenses, including tax 15,030 $ Profit ( d ) Statement of changes in equity Beginning retained earnings $12,570 Profit (e Dividends (8,260) Ending retained earnings $38,870

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