Answer All Questions

Amster Ltd and Berlin Ltd have been presented with the following abridged financial

statements.

Statements of financial position as at $30$ June $2021.$

Assets

$\backslash$table$[[$CODE:$,$M$,$K$,$T$,5,0,1]]$

Equity and Liabilities

Equity

$$1$ Ordinary Share Capital

Retained earnings

Non$-$Current liabilities

Loan notes

Current liabilities

Bank Overdraft

Trade payables

Taxation

Other payables and Accruals

Total liabilities

Total equity and Liabilities

Income statement for the year ended $31$ December $2021.$

Revenue

Cost of sales

Gross Profit

Operating Expenses

Depreciation

Operating profit

Interest

Profit before taxation

Taxation

Profit for the year

Property, plant and equipment

Current Asset

Trade receivables

Cash

Total assets