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answer these questions From the following balances extracted from the books of XYZ Co. Ltd, draw up a Statement of financial position for XYZ Co.
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From the following balances extracted from the books of XYZ Co. Ltd, draw up a Statement of financial position for XYZ Co. Ltd. GH Goodwill 20,000 Other Non-current assets 40,000 Inventory 10,000 Trade Receivables 30,000 Provision for doubtful debts 5,000 Bank balance 10,000 Sundry Trade payables 25,000 Accrued expenses 5,000 Bills payable 2,000 Provision for depreciation 9,000
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