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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 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 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 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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