Question
Bedlam holdings balance sheet Accounting period ended June 2021 Fixed assets Amount (P) Land and Building Motor vehicles 229238.00 Office equipment and fixtures 11268.00 Total
Bedlam holdings balance sheet
Accounting period ended June 2021
Fixed assets Amount (P)
Land and Building
Motor vehicles 229238.00
Office equipment and fixtures 11268.00
Total fixed assets 240506.00
Current assets
Stock 25412.00
Debtors 11256.00
Bank and cash balances 41256.00
Prepayments 1200.00
Total current assets 79124.00
Total assets 319630.00
Equity
Stated capital 3000.00
Shareholders loans 63305.00
Retained earnings 164494.00
Shareholders equity 88831.00
Total equity 319630.00
Current and long term liabilities -
Total net assets and liabilities 319630.00
Question 1
Prepare statement of change in equity from the above balance sheet?
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Internal Revenue Service Status Of GAO Financial Audit And Related Financial Management Recommendations
Authors: Government Accountability Office
1st Edition
1492351571, 978-1492351573
