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(10 Marks) Question No.1 The following information is available on the Qazi Traders: BALANCE SHEET AS OF DECEMBER 31, 2020 (IN THOUSANDS) Cash and marketable

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(10 Marks) Question No.1 The following information is available on the Qazi Traders: BALANCE SHEET AS OF DECEMBER 31, 2020 (IN THOUSANDS) Cash and marketable securities Rs. 500 Accounts payable Accounts receivable ? Bank loan Inventories ? Accruals Current assets ? Current liabilities Long-term debt Common stock and retained Net Fixed Assets ? earnings Total assets ? Total liabilities and equity Rs. 400 ? 200 ? 2650 3,750 2 ? (10 Marks) Question No.1 The following information is available on the Qazi Traders: BALANCE SHEET AS OF DECEMBER 31, 2020 (IN THOUSANDS) Cash and marketable securities Rs. 500 Accounts payable Accounts receivable ? Bank loan Inventories ? Accruals Current assets ? Current liabilities Long-term debt Common stock and retained Net Fixed Assets ? earnings Total assets ? Total liabilities and equity Rs. 400 ? 200 ? 2650 3,750 2

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