Question
Question 5 The following statements have been prepared for the company Arrows Ltd for the year ending 30 June 2021. Balance Sheet of Arrows
Question 5 The following statements have been prepared for the company Arrows Ltd for the year ending 30 June 2021. Balance Sheet of Arrows Ltd As of 30 June 2021 2021 2020 Current assets Cash at bank 67 912 27 202 Accounts receivable 15 363 25 645 Inventory 32 560 35 230 Prepaid operating expenses 6 150 4 250 Total current assets 121 985 92 327 Non-current assets Plant & equipment 177 600 102 850 Accum. Deprec, plant & equipment (45 790) (33 520) Land 320 500 220 000 Total non-current assets 452 310 289 330 Total assets 574 295 381 657 Current liabilities Accounts navable 50 500 63.500 12C Light rain
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