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From the following balances extracted from the books of XYZ Co. Ltd, draw up a Statement of financial position for XYZ Co. Ltd. GH

From the following balances extracted from the books of XYZ Co. Ltd, draw up a Statement of financial position for XYZ Co. Ltd. GH Goodwill 20,000 Other Non-current assets 40,000 10,000 Inventory Trade Receivables 30,000 Provision for doubtful debts 5,000 Bank balance 10,000 Sundry Trade payables Accrued expenses Bills payable Provision for depreciation 25,000 5,000 2,000 9,000

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