Question
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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Intermediate Accounting
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
10th Canadian Edition, Volume 1
978-1118735329, 9781118726327, 1118735323, 1118726324, 978-0176509736
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