Question
5) Prepare a statement of financial position and an income statement using the figures below. Description Short term borrowings 11,000 Property 125,000 Cost of sales
5) Prepare a statement of financial position and an income statement using the figures below.
| Description | |
| Short term borrowings | 11,000 |
| Property | 125,000 |
| Cost of sales | 4,000 |
| Inventories (raw materials) | 12,000 |
| Trade payables | 17,000 |
| Bank | 65,000 |
| Loan (long term) | 55,000 |
| Expenses | 1,200 |
| Trade receivables | 18,000 |
| Sales revenue | 6,500 |
| Equity (final figure) | 137,000 |
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Innovation Commercialization And Start Ups In Life Sciences
Authors: James F. Jordan
1st Edition
1482210126, 978-1482210125
