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5. The following balances have been provided: Share capital $40,000 Accounts receivable 26,000 Cash at bank 37,000 Motor vehicle 25,000 Equipment 21,000 Accounts payable 17,000
5. The following balances have been provided: Share capital $40,000 Accounts receivable 26,000 Cash at bank 37,000 Motor vehicle 25,000 Equipment 21,000 Accounts payable 17,000 Loan from bank 22,000 Retained profit 30,000 Prepare a balance sheet as at 31st August, 2021. (10 marks)
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The Financial Numbers Game
Authors: Charles W Mulford, Eugene E Comiskey
1st Edition
0471770736, 9780471770732
