The abbreviated statement of financial position of Netherfin plc, a listed company, at 31 March 2012, was
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The abbreviated statement of financial position of Netherfin plc, a listed company, at 31 March 2012, was as follows:
The retained profit for the year to 31 March 2013 was \(£ 240,000\). During the year to 31 March 2013 the following transactions took place:
\section*{Required}
(a) Prepare journal entries to record the above transactions.
(b) Prepare the capital and reserves section of the statement of financial position as at 31 March 2013.
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Related Book For 
Financial Accounting And Reporting
ISBN: 9780077138363
2nd Edition
Authors: John McKeith, Bill Collins
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