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Formatone company produced the following trial balance as at 30 June 2021. $000 $000 Land (cost) Building (cost) Plant & equipment 2160 1080 1728
Formatone company produced the following trial balance as at 30 June 2021. $000 $000 Land (cost) Building (cost) Plant & equipment 2160 1080 1728 Intangible assets Accumulated depreciation - building 810 432 30.6.2020 Accumulated depreciation - 504 equipment 30.6.2020 Interim dividend paid 108 Receivables 585 Payables 532.8 Cash 41.4 Inventory at 30.6.2021 586.8 Deferred Tax 52.2 Distribution expenses 529.2 Administrative expenses 946.8 Retained earning 891 Sales revenue 9480.6 Cost of good sold 5909.4 Share capital - ordinary share 50c 2,160 each Share premium Total 432 14,484.60 14,484.60
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