1 The Accounting Equation END OF CHAPTER REVIEW QUESTIONS Draw up a Statement of financial position from the following information Non-current Assets GH Trade Receivables 23,750 4,950 Loan Trade payables 5.700 2,450 Fixtures 5,500 Inventory 8.800 Bank 1.250 2 From the following balances extracted from the books of XYZ Co. Ltd, draw up a Statement of financial position for XYZ. Co. Ltd. Goodwill Other Non-current assets Inventory Trade Receivables Provision for doubtful debts Bank balance Sundry Trade payables Accrued expenses Bills payable Provision for depreciation GH 20,000 40,000 10,000 30,000 5,000 10,000 25,000 5,000 2,000 9,000 EUR 79