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prepare a cash flow and showing calculation 2nd part FLY YOUR KITE COMPARATIVE BALANCE SHEETS AS AT 30 JUNE 2020 2019 $1 200 13 623
prepare a cash flow and showing calculation 2nd part
FLY YOUR KITE COMPARATIVE BALANCE SHEETS AS AT 30 JUNE 2020 2019 $1 200 13 623 19 200 Current Assets Cash on Hand Cash at Bank Accounts Receivable (net) Inventory Prepaid Expenses Non-Current Assets Plant & Equipment less Acc. Depreciation Land Total Assets $4 000 1 009 4 500 18 000 _650 28 000 1650 $63 673 $28 159 83 500 (23 000) 64 000 (17 600) 60 500 80 000 204 173 46 400 180 000 254 559 6402 Current Liabilities Bank Overdraft Accounts Payable Expenses Payable Tax Payable Non-Current Liabilities Bank Loan Total Liabilities Net Assets 3 544 780 5 477 2 800 790 1 200 16 203 4 790 20 000 36 203 20 000 24 790 $229 769 $167 970 Equity Capital 167 970 $167 970 229 769 $229 769Step by Step Solution
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