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1.5 REQUIRED Use the information provided below to calculate the value of Non-Current Liabilities and Current Liabilities in the Statement of Financial Position of Lenovo
1.5 REQUIRED Use the information provided below to calculate the value of Non-Current Liabilities and Current Liabilities in the Statement of Financial Position of Lenovo Traders as at 28 February 2022 (4 marks) INFORMATION The following balances appeared in the Post-Closing Trial Balance of Lenovo Traders on 28 February 2022, the end of the financial year: Note: R180 000 of the mortgage bond balance is payable during the financial year ended 28 February 2023
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