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fill in the blanks given by letters K Fixed Assets Freehold premises Delivery vans Office furniture MOSES KALEJI Balance Sheet as at 31 December, 2019
fill in the blanks given by letters
K Fixed Assets Freehold premises Delivery vans Office furniture MOSES KALEJI Balance Sheet as at 31 December, 2019 K Cost Depreciation 25,000 12,500 2,000 4,800 800 42,300 2,800 Net 25,000 10,500 4,000 H) Current Assets Stock Debtors 39,500 23,900 2.000 Less: Provision for bad debts Cash at bank Cash in hand 1) 16,500 700 Prepayments 200 Less: Current Liabilities Creditors Accruals 24.900 1,100 K Total Current Assets 52.800 Net Assets 1 Financed by: Opening capital Add: Net profit 80,000 13,300 M) 11,000 N) Less: Drawings Add: Long-Term Liabilities Bank loan (repayable over 10 years) Capital Employed 10,000 0 REQUIRED: You are required to fill in the blank spaces represented by letters from A to OStep by Step Solution
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