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for the years 2020 and 2021. Prepare a comparative Balance sheet and comment on the financial position of the company. Liabilities 2020 2021 Assets
for the years 2020 and 2021. Prepare a comparative Balance sheet and comment on the financial position of the company. Liabilities 2020 2021 Assets Equity share 600000 800000 Land & capital Buildings 2020 2021 370000 270000 400000 600000 Machinery Reserves & 330000 222000 Plant & Surplus Debentures 200000 300000 Furniture & 20000 25000 fixtures Long-term 150000 200000 Other fixed 25000 30000 loans on assets mortgage Bills 50000 45000 Cash in 20000 80000 Payable hand & at bank Sundry 100000 120000 Bills 150000 90000 creditors Other receivable 5000 10000 Sundry 200000 250000 current debtors Liabilities Stock 250000 350000 Prepaid 2000 expenses 1435000 1697000 1435000 1697000
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
