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information in case no. 5, prepare Statement of Financial Position or balance sheet. Balance Sheet as at 31st December, 2019 IBRACOLLEGE OF TECHNOLOGY Case 5
information in case no. 5, prepare Statement of Financial Position or balance sheet. Balance Sheet as at 31st December, 2019
IBRACOLLEGE OF TECHNOLOGY Case 5 You were given the ledger balances of Holiday Inn hotel industries for the year ended December 31, 2019: .. Accounts Accounts Payable Accounts Receivable Accumulated Depreciation-Furniture Accumulated Depreciation-Building Rent Expense Service Revenues Building Cash Depreciation-Building Depreciation-Furniture Bank Bank overdraft Unearned Revenue Supplies Expense Interest payable Interest Expense Land Miscellaneous Expense Bills Payable Retained camnings Office Supplies Capital Drawings Insurance Salaries Payable Advertisement Salaries Expense Amount (OMR) 114,500 175,500 40,000 50,000 125,000 135,000 250,000 45,200 40,000 20,000 32,500 128,500 180,000 15,000 $7,000 27,000 220,000 14,600 2,95,000 30,500 27,200 4,11,600 48.000 64,000 29,300 64,000 123.400Step by Step Solution
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