From the following information, prepare an appropriately classified balance sheet as at 30 June 2022 for SPOM

Question:


From the following information, prepare an appropriately classified balance sheet as at 30 June 2022 for SPOM Limited.

$000 Share capital 71 667 Cash 32 000 Accounts payable 57 634 Retained profits 42 666 Receivables ($1 549 000 due in more than one year) 49 132 Interest-bearing liabilities ($8 732 000 due this year) 96 185 Intangibles 49 053 Inventories 55 117 Provisions ($31 704 000 due within one year) 35 438 Property, plant and equipment 90 574 Other long-term assets (financial assets) 19 390 Prepayments 8 324

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals Of Accounting And Financial Management

ISBN: 9780170454797

8th Edition

Authors: Professor Ken Trotman, Kerry Humphreys

Question Posted: