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Q1. Prepare Balance Sheet for the year ended 2008 (along additional information). Prepare notes to the financial statements of all the possible figures. You can

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Q1. Prepare Balance Sheet for the year ended 2008 (along additional information). Prepare notes to the financial statements of all the possible figures. You can use or the figures given in the paper in order to prepare notes to the financial statements. Following is the information for Attock Cement limited. a. Cash = $45,000 b. Office supplies = $9,900 C. Marketable securities = $6,700 d. Stock in trade = $39,000 e. Short term loan = $34,000 f. Owner's equity = $45,000 g. Long term loan = $40,000 h. Land = $90,000 i. Building = $50,000 j. Office equipment = $400 k. Salaries payable = $122,000

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