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From the followingaccount balances of Daisy Pty Ltd as at 30 September 2015, produce a balance sheet in both the T-format and the narrative classified
From the followingaccount balances of Daisy Pty Ltd as at 30 September 2015, produce a balance sheet in both the T-format and the narrative classified format:
| Cash at bank | $ 75 000 |
| Accounts receivable (net) | $ 37 500 |
| Inventory | $ 30 000 |
| Land | $ 37 500 |
| Fixtures and fittings | $ 9 000 |
| Loan payable | $ 7 500 |
| Tax payable | $ 7 500 |
| Share capital | $ 30 000 |
| Retainedearnings | $ 144 000 |
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Internal Audit Efficiency Through Automation
Authors: David Coderre
1st Edition
0470392428, 978-0470392423
