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30 June 2021 The following information was extracted from the books of Omega Ltd. for the year ended 30 June 2021 and 2020. 30
30 June 2021 The following information was extracted from the books of Omega Ltd. for the year ended 30 June 2021 and 2020. 30 June 2020 Sh'000' FIXED ASSETS: Land at cost Sh. '000' Sh'000' Sh.'000' 2,450 1,450 1,350 1,350 Building at cost 75 Less: Provision for depreciation 1,275 50 1,300 Plant and machinery 3,522 3,000 Less Provision for depreciation 522 3,000 300 2,700 Investments at cost 850 800 Total fixed assets 7,575 6250 CURRENT ASSETS: Inventory Accounts receivable Page 6 of 7 2,600 1,600 1,150 1,450
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