what are the journal entries and the ledgers and adjusted trial balance and the statement of profit
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what are the journal entries and the ledgers and adjusted trial balance and the statement of profit or loss and statement of changes in owners equity and classified statement of financial position for the following pictures:
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Task 1: (LO 1,2, 3) ZF ZF Electronics sells laptops, tablets, phones and much more. It has been established on 1 January 2020. ZF Electronics adopts the calendar year as its fiscal year. Below is the statement of financial position as at 30 November 2020. ZF Electronics Statement of Financial Position As at 30 November 2020 BHD BHD Assets Non-current assets: Building, net 492,300 Furniture, net 16,333 Equipment, net 3,167 Total non-current assets 511,800 Current assets: Inventory 53,070 Prepaid Insurance 112,500 Supplies 8,000 Trade receivables 30,916 Cash 225,000 Short-term investment 38,714 Total current assets 468,200 Total Assets 980,000 Equity: Capital 544,860 Non-current liabilities: Long-term loan 320,000 Current liabilities: Salary payable 50,000 Trade payables 65,000 VAT Due 140 Total current liabilities 115,140 Total liabilities 435,140 Total Equity & Liabilities 980,000 Task 1: (LO 1,2, 3) ZF ZF Electronics sells laptops, tablets, phones and much more. It has been established on 1 January 2020. ZF Electronics adopts the calendar year as its fiscal year. Below is the statement of financial position as at 30 November 2020. ZF Electronics Statement of Financial Position As at 30 November 2020 BHD BHD Assets Non-current assets: Building, net 492,300 Furniture, net 16,333 Equipment, net 3,167 Total non-current assets 511,800 Current assets: Inventory 53,070 Prepaid Insurance 112,500 Supplies 8,000 Trade receivables 30,916 Cash 225,000 Short-term investment 38,714 Total current assets 468,200 Total Assets 980,000 Equity: Capital 544,860 Non-current liabilities: Long-term loan 320,000 Current liabilities: Salary payable 50,000 Trade payables 65,000 VAT Due 140 Total current liabilities 115,140 Total liabilities 435,140 Total Equity & Liabilities 980,000
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