Question 3 of 3

ing the year, Windsor Industries sold, for $430 cash, equipment that had an original cost of $860 and a net carrying amount of $170. Windsor Industries borrowed an additional $6,880 by issuing notes payable in 2024. During the year, the company purchased a piece of land for a future manufacturing site for $172,000. The land was purchased with no money down and the company entered into a mortgage payable for the full amount. Assets Current assets WINDSOR INDUSTRIES LTD. Statement of Financial Position As at December 31, 2024 H is 2024 hp -/5 = 8 2023 $14770 200m n video

Windsor Industries Ltd., a Nanaimo, British Columbia-based company, has a December 31 year end. The company's comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information: 1. During the year, Windsor Industries sold, for $430 cash, equipment that had an original cost of $860 and a net carrying amount of $170. 2. Windsor Industries borrowed an additional $6,880 by issuing notes payable in 2024 . 3. During the year, the company purchased a piece of land for a future manufacturing site for $172,000. The land was purchas with no money down and the company entered into a mortgage payable for the full amount. Windsor Industries Ltd., a Nanaimo, British Columbia-based company, has a December 31 year end. The company's comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information: 1. During the year, Windsor Industries sold, for $430 cash, equipment that had an original cost of $860 and a net carrying amount of $170. 2. Windsor Industries borrowed an additional $6,880 by issuing notes payable in 2024 . 3. During the year, the company purchased a piece of land for a future manufacturing site for $172,000. The land was purchas with no money down and the company entered into a mortgage payable for the full amount. Windsor Industries Ltd., a Nanaimo, British Columbia-based company, has a December 31 year end. The company's comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information: 1. During the year, Windsor Industries sold, for $430 cash, equipment that had an original cost of $860 and a net carrying amount of $170. 2. Windsor Industries borrowed an additional $6,880 by issuing notes payable in 2024 . 3. During the year, the company purchased a piece of land for a future manufacturing site for $172,000. The land was purchas with no money down and the company entered into a mortgage payable for the full amount. Windsor Industries Ltd., a Nanaimo, British Columbia-based company, has a December 31 year end. The company's comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information: 1. During the year, Windsor Industries sold, for $430 cash, equipment that had an original cost of $860 and a net carrying amount of $170. 2. Windsor Industries borrowed an additional $6,880 by issuing notes payable in 2024 . 3. During the year, the company purchased a piece of land for a future manufacturing site for $172,000. The land was purchas with no money down and the company entered into a mortgage payable for the full amount. Windsor Industries Ltd., a Nanaimo, British Columbia-based company, has a December 31 year end. The company's comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information: 1. During the year, Windsor Industries sold, for $430 cash, equipment that had an original cost of $860 and a net carrying amount of $170. 2. Windsor Industries borrowed an additional $6,880 by issuing notes payable in 2024 . 3. During the year, the company purchased a piece of land for a future manufacturing site for $172,000. The land was purchas with no money down and the company entered into a mortgage payable for the full amount. Windsor Industries Ltd., a Nanaimo, British Columbia-based company, has a December 31 year end. The company's comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information: 1. During the year, Windsor Industries sold, for $430 cash, equipment that had an original cost of $860 and a net carrying amount of $170. 2. Windsor Industries borrowed an additional $6,880 by issuing notes payable in 2024 . 3. During the year, the company purchased a piece of land for a future manufacturing site for $172,000. The land was purchas with no money down and the company entered into a mortgage payable for the full amount. Windsor Industries Ltd., a Nanaimo, British Columbia-based company, has a December 31 year end. The company's comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information: 1. During the year, Windsor Industries sold, for $430 cash, equipment that had an original cost of $860 and a net carrying amount of $170. 2. Windsor Industries borrowed an additional $6,880 by issuing notes payable in 2024 . 3. During the year, the company purchased a piece of land for a future manufacturing site for $172,000. The land was purchas with no money down and the company entered into a mortgage payable for the full amount. Windsor Industries Ltd., a Nanaimo, British Columbia-based company, has a December 31 year end. The company's comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information: 1. During the year, Windsor Industries sold, for $430 cash, equipment that had an original cost of $860 and a net carrying amount of $170. 2. Windsor Industries borrowed an additional $6,880 by issuing notes payable in 2024 . 3. During the year, the company purchased a piece of land for a future manufacturing site for $172,000. The land was purchas with no money down and the company entered into a mortgage payable for the full amount. Windsor Industries Ltd., a Nanaimo, British Columbia-based company, has a December 31 year end. The company's comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information: 1. During the year, Windsor Industries sold, for $430 cash, equipment that had an original cost of $860 and a net carrying amount of $170. 2. Windsor Industries borrowed an additional $6,880 by issuing notes payable in 2024 . 3. During the year, the company purchased a piece of land for a future manufacturing site for $172,000. The land was purchas with no money down and the company entered into a mortgage payable for the full amount. Windsor Industries Ltd., a Nanaimo, British Columbia-based company, has a December 31 year end. The company's comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information: 1. During the year, Windsor Industries sold, for $430 cash, equipment that had an original cost of $860 and a net carrying amount of $170. 2. Windsor Industries borrowed an additional $6,880 by issuing notes payable in 2024 . 3. During the year, the company purchased a piece of land for a future manufacturing site for $172,000. The land was purchas with no money down and the company entered into a mortgage payable for the full amount. Windsor Industries Ltd., a Nanaimo, British Columbia-based company, has a December 31 year end. The company's comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information: 1. During the year, Windsor Industries sold, for $430 cash, equipment that had an original cost of $860 and a net carrying amount of $170. 2. Windsor Industries borrowed an additional $6,880 by issuing notes payable in 2024 . 3. During the year, the company purchased a piece of land for a future manufacturing site for $172,000. The land was purchas with no money down and the company entered into a mortgage payable for the full amount. Windsor Industries Ltd., a Nanaimo, British Columbia-based company, has a December 31 year end. The company's comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information: 1. During the year, Windsor Industries sold, for $430 cash, equipment that had an original cost of $860 and a net carrying amount of $170. 2. Windsor Industries borrowed an additional $6,880 by issuing notes payable in 2024 . 3. During the year, the company purchased a piece of land for a future manufacturing site for $172,000. The land was purchas with no money down and the company entered into a mortgage payable for the full amount. Windsor Industries Ltd., a Nanaimo, British Columbia-based company, has a December 31 year end. The company's comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information: 1. During the year, Windsor Industries sold, for $430 cash, equipment that had an original cost of $860 and a net carrying amount of $170. 2. Windsor Industries borrowed an additional $6,880 by issuing notes payable in 2024 . 3. During the year, the company purchased a piece of land for a future manufacturing site for $172,000. The land was purchas with no money down and the company entered into a mortgage payable for the full amount. Windsor Industries Ltd., a Nanaimo, British Columbia-based company, has a December 31 year end. The company's comparative statement of financial position and its statement of income for the most recent fiscal year are presented here, along with some additional information: 1. During the year, Windsor Industries sold, for $430 cash, equipment that had an original cost of $860 and a net carrying amount of $170. 2. Windsor Industries borrowed an additional $6,880 by issuing notes payable in 2024 . 3. During the year, the company purchased a piece of land for a future manufacturing site for $172,000. The land was purchas with no money down and the company entered into a mortgage payable for the full amount