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Canon Sdn Bhd Balance Sheet as at 31 December 2020 Cash 100,000 Notes Payable Q Accounts Receivable Q Accounts payable 80,000 Inventory Q Total Current
Canon Sdn Bhd
Balance Sheet as at 31 December 2020
Cash | 100,000 | Notes Payable | Q |
Accounts Receivable | Q | Accounts payable | 80,000 |
Inventory | Q | Total Current Liabilities | Q |
Total Current Assets | 300,000 | Long Term Debt | Q |
Fixed Assets | 400,000 | Common Equity | Q |
Total Assets | 700,000 | Total Liabilities and equity | 700,000 |
Additional information:
Sales RM500,000
Average Collection Period 120 days
Debt Ratio 50%
Current Ratio 2.5X
Based on the information above, fill up the total amounts of each of the item marked as Q in the above said balance sheet for year ending 31 December 2020
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