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Can i please get A and B done answered Students unseen question Preparing a balance sheet The following are the assets and liabilities of Sam

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Students unseen question Preparing a balance sheet The following are the assets and liabilities of Sam Wong Pty Lud, a manufacturing company as at 31 December 2016 and 31 December 2015 20 000 25 000 Bank overdraf Loan to the company - repayable in 2018 Accounts receivable Machinery and tools 13 000 14 000 6000 100 000 Vehicles 100 000 20 000 11 000 36 000 Share capital Reserves (asset revaluation Retained earnings Accounts payable 8 000 Inventory 65 000 Land and buildings 80 60060 000 Required Prepare the comparative balance sheet in narrative format as at 31 December 2016 and 31 a. December 2015. b. Make two comments, with figures to justify each comment, on the financial position of the entity in 2016 relative to 2015. For this purpose, assume a dividend of S10 000 was paid during 2016

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