Balance sheet as at 31 December 2009 Non-current assets 20,000 Current assets Inventories 5,000...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Balance sheet as at 31 December 2009 Non-current assets 20,000 Current assets Inventories 5,000 Trade receivables 3,000 Investments 1,500 Cash and bank 500 Current liabilities Bank overdraft 1,650 Trade payables 6,000 Taxation 1,000 Dividend (proposed) 200 Non-current liabilities Loan 1,000 Equity Ordinary shares 4,000 Share premium 4,650 Retained earnings 11,500 The total assets less current liabilities are
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
