Question: Using the information from question 8.8, re-prepare J. Magee's statement of financial position, using the horizontal format, as at 31 December 20X3. Office machinery 18,000

Using the information from question 8.8, re-prepare J. Magee's statement of financial position, using the horizontal format, as at 31 December 20X3.

Office machinery 18,000 Trode payables 1,000 Sundry payables 800 Inventory of goods 2,900 Stationery inventory 200 Cosh

Office machinery 18,000 Trode payables 1,000 Sundry payables 800 Inventory of goods 2,900 Stationery inventory 200 Cosh at bank 550 Trade receivables 8,150 Sundry receivables 2,000

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