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Question 3 (30%) Fill in the blanks of the following balance sheet. 350,000 140,000 Liabilities Current liabilities: Accounts payable Accrued expenses Accrued tax Total current

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Question 3 (30%) Fill in the blanks of the following balance sheet. 350,000 140,000 Liabilities Current liabilities: Accounts payable Accrued expenses Accrued tax Total current liabilities 177,000 270,000 ? Assets Current assets: Inventory Accounts receivables Cash Total current assets Non-current assets: Property, Plants, Equipment Total non-current assets Total Assets 0 ? ? Non-current liabilities: Borrowings 2,570,000 150,000 ? ? ? ? Total non-current liabilities Total Liabilities Shareholder equity Total Liabilities + Equity 2 893 000

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