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Please construct balance sheet Cabbages price = R5.00 per cabbage; Units of cabbages produced = 7000; Price of chicken = R50 per chicken; Units Of
Please construct balance sheet
Cabbages price = R5.00 per cabbage; Units of cabbages produced = 7000; Price of chicken = R50 per chicken; Units Of chicken produced = 5000; Price of eggs per tray = 45; Units of trays of eggs produced = 1500; Building = R14 000; Tractor power = R4000; Repair = R2800 Ploughing = R1500; safety Guards = R6400; Harvesting = R2800, Furniture = R25 000; Interest payable = R7000; Farmland = R60 000; = Vehicle depreciation = RI 3 000; Sales tax payable = RIO 000; Building depreciation R8000; Accounts receivable = R17 000; Long-term investment = R50000; Car able due in 24 months = R8000; Vehicles = R270 000; Inventory = RIOO 000; paid insurance = RIO 000; Property bond = RIO 000 Employee payroll = R35 000; ease interest = R 2500 4.1. You own a mixed farm enterprise, producing crops and poultry. From the information above. construct a partial budget for your farm. (10) .2. Use the information above to construct a balance sheet of your farm and conduct any two (2) accounting ratios to determine the viability of your farm. (15) Construct a Net Income statement for your farm using the information above and conduct a gross margin analysis and a profit.
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