Question
From the following Balance sheet of Relax Ltd., you are required to prepare a Schedule of Changes in Working Capital and Statement and fund flow
- From the following Balance sheet of Relax Ltd., you are required to prepare a Schedule of Changes in Working Capital and Statement and fund flow statement
Balance sheet
| Liabilities | 2011 | 2012 | Assets | 2011 | 2012 |
| Capital | 70000 | 75000 | Cash at bank | 14000 | 19000 |
| Profit & loss A/c | 24500 | 34500 | Debtors | 6500 | 9500 |
| Creditors | 9000 | 5000 | Stock | 9000 | 7000 |
| Long term loans | - | 5000 | Furniture | 24000 | 34000 |
|
|
|
| Building | 50000 | 50000 |
|
| 103500 | 119500 |
| 103500 | 119500 |
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Property Finance
Authors: Giacomo Morri, Antonio Mazza
1st Edition
1118764404, 978-1118764404
