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Bearly Trading Ltd is owned by Bob Down.They specialise in manufacturing a range of speciality teddy bears and other soft toys. The figure below shows

Bearly Trading Ltd is owned by Bob Down.They specialise in manufacturing a range of speciality teddy bears and other soft toys. The figure below shows the assets and liabilities of the company .answer the related question.

a. Calculate the total Asset and total liabilities for Bearly Trading Ltd using the data shown below.

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Directions: Using the information provided in the table below answer the following questions Bearly Trading Lid is owned by Madge Ical and Bob Down. They specialise in manufacturing a range of speciality teddy bears and other soft toys. The figure below shows the ussets and liabilities of the company, Answer the related questions Assets S Liabilities Factory Creditors Petty cash Share capital Photocopier 300,000 Trade debtors 10,000 Reserves 500 Finished goods 73,000 Tax due 10,000 Overdraft 500 Machinery 6,000 Raw materials 10,000 Loans 16,000 Factory fittings Trucks TOTAL LIABILITIES 10,000 100,000 18.000 4.000 18.000 100,000 11,000 Printer paper Cash in bank Computers Unfinished goods 105,000 20,000 40,000 TOTAL ASSETS

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