The asset section of the statement of financial position and notes thereto of Megabus Ltd is shown

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The asset section of the statement of financial position and notes thereto of Megabus Ltd is shown below:

2017

2016

Cash assets

Receivables

Inventories

Prepaid insurance

Furniture and fittings

Plant and equipment

$78 300

138 030

347 130

3 420

215 160

340 200

$72 500

129 000

365 400

3 800

195 600

315 000

Required

Calculate the changes in dollar amounts and percentages for the company.

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Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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Question Posted: Jun 26, 2019 10:42 AM

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The asset section of the statement of financial position and notes thereto of Megabus Ltd is shown

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Changes during the year Dollar amount Pe...View the full answer

Accounting

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