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2108AFE Financial Accounting Topic 9 2108AFE Financial Accounting Assessable Workshop Question Topic 9 - Statement of Cash Flows Question 1 Yellow Submarine Ltd's Balance Sheets
2108AFE Financial Accounting Topic 9 2108AFE Financial Accounting Assessable Workshop Question Topic 9 - Statement of Cash Flows Question 1 Yellow Submarine Ltd's Balance Sheets at the end of June 2016 and 2017 were as follows Yellow Submarine Ltd. Balance Sheets as at 30 June 20172016 SSETS urrent Assets 0 counts Receivable 200,000 107,50 20,000 (10,000 305.500 182.500 llowance for Doubtful Dchts 485 280. Non-Current Assets Land ildin 60 35,000) (30,000 00,000 207,00 55,500) (27,000 294 780,000 500, umulatedI iation-buildin Plant&Equip t & 220.000 TOTAL ASSETS LIABILITIES AND OWNERS' EQUITY urrent Liabilities Overdraft counts Payable 167,950 58,800 29,300 36,200 15,0001 6,00 urrent Tax 21 101 Owners' Equit 385,000! 300.00 Revaluation Reserve eneral Reserve Retained Profits Total Equit 15,000 85,000! 50.00 82,750 49,00 567 399 TAL LIABILITIES AND OWNERS ITY
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