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In January of 2020 Jack Daniels invested $ 200 000 from his private savings account into his business bank account. At the end of first
In January of 2020 Jack Daniels invested $ 200 000 from his private savings account into his business bank account. At the end of first year which ended 31 December 2020 Jack Daniels received a $400 000 loan from his banker to expand the business. He presented the following information at the end of the year Motor vehicles Inventory Bank balance (Included loan amount) Office furnishing Trade receivables. Trade payables Telephone bill unpaid Loan (repayable 2030) $ 300 000 70 000 415.000 Answer: 40 000 85 000 90 000 3 000 400 000 The entity's total non-current asset value is $..................... Exclude $, and space. Example $5, 600 input as 6500
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