Bert does not keep complete records. He can, however, provide the balances of his assets and liabilities
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Bert does not keep complete records. He can, however, provide the balances of his assets and liabilities at 1 April 2015.
Calculate the capital at 1 April 2015 by producing a statement of affairs.
Transcribed Image Text:
$ Premises - cost 300 000 Machinery - cost 46 200 Vehicles - cost 16 600 Trade payables 62 400 Trade receivables 19 000 Bank 6 500 Other receivables 12 800 Other payables 11 200 Loan 60 000 Inventory 66 000 Premises - provision for depreciation 42 000 Machinery- provision for depreciation 19 400 Vehicles - provision for depreciation 2 000
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Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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