Complete the expanded accounting equation Calculate the missing figure in each of the following situations: Current assets
Question:
Complete the expanded accounting equation Calculate the missing figure in each of the following situations:
Current assets Noncurrent assets Current liabilities Noncurrent liabilities Share capital Opening retained profits Revenue Expenses Dividends 1 100 000 400 000 50 000 100 000 ? 10 000 50 000 30 000 0 2 100 000 400 000 50 000 100 000 300 000 20 000 100 000 ? 0 3 100 000 400 000 50 000 100 000 300 000 80 000 90 000 ? 0 4 ? 500 000 50 000 100 000 500 000 100 000 90 000 60 000 0 5 100 000 400 000 50 000 100 000 300 000 20 000 100 000 50 000 ?
6 100 000 500 000 50 000 100 000 300 000 ? 100 000 50 000 20 000
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Related Book For
Fundamentals Of Accounting And Financial Management
ISBN: 9780170454797
8th Edition
Authors: Professor Ken Trotman, Kerry Humphreys
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