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Compile a balance sheet of JohnJonyJonathan Sdn. Bhd from the following information . Stock Debtor/ WIP/ inventories Properties 573,000 2,000 12,000 Plant and machinery 2,000,000
Compile a balance sheet of JohnJonyJonathan Sdn. Bhd from the following information . Stock Debtor/ WIP/ inventories Properties 573,000 2,000 12,000 Plant and machinery 2,000,000 . Vehicle 6,000 Cash 100,000 . Office equipment 3,000 . Loan 1,500,000 Overdraft 4,000 Creditors 3,000 Other equity 43,000 (1 Marks) What is the company's total asset? What is the company's current ratio? What is the firm's acid test ratio? What is your conclusion regarding of firm's balance sheet status? Give your opinion. (1 Mark) (1 Mark) (1 Mark) (1 Mark)
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