Question
construct a fully labelled balance sheet using the information stated below. Accumulated retained profit: 14 Cash :3 Cost of goods sold :2 Creditors :20 Debtors
construct a fully labelled balance sheet using the information stated below.
Accumulated retained profit: 14
Cash :3
Cost of goods sold :2
Creditors :20
Debtors :12
Expenses :2
Long-term liabilities (debt) :20
Net fixed assets :60
Sales revenue : 5
Share capital :26
Stock :5
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Accounting Information Systems
Authors: Robert Hurt
4th Edition
78025885, 78025884, 9781259293795 , 978-0078025884
