Question
Given the following information, produce a balance sheet extract showing clearly current assets, current liabilities, and working capital. You may not need to use all
Given the following information, produce a balance sheet extract showing clearly current assets, current liabilities, and working capital. You may not need to use all the gaps shown in the table.
| Cash | $31,000 |
| Stock | $12,000 |
| Bank Overdraft | $10,000 |
| Trade receivables | $45,000 |
| Trade payables | $26,000 |
| Short term loan | $15,000 |
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Sidney Davidson, Roman L. Weil, Clyde P. Stickney
2nd Edition
0030452961, 978-0030452963
