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The Balance Sheet of Grundy International plc at 1 January 2016 is summarised below: Em Em Non-Current Asset Land and buildings Plant and Equipment 1900
The Balance Sheet of Grundy International plc at 1 January 2016 is summarised below: Em Em Non-Current Asset Land and buildings Plant and Equipment 1900 2500 4400 4300 8700 Current assets Bank TOTAL ASSETS Equity Ordinary 1 shares Share Premium 2300 500 1200 Retained Earnings 4000 Non-current Liabilities 10% loans, repayable 2020 8% convertible loan stock 1500 600 Current Liabilities TOTAL EQUITY&LIABILITIES 2100 2600 8700 Required You are asked to show how the Statement of Financial Position would need to be amended to record each of the events shown below, which occurred during the year ended 31 December, 2016 The Balance Sheet of Grundy International plc at 1 January 2016 is summarised below: Em Em Non-Current Asset Land and buildings Plant and Equipment 1900 2500 4400 4300 8700 Current assets Bank TOTAL ASSETS Equity Ordinary 1 shares Share Premium 2300 500 1200 Retained Earnings 4000 Non-current Liabilities 10% loans, repayable 2020 8% convertible loan stock 1500 600 Current Liabilities TOTAL EQUITY&LIABILITIES 2100 2600 8700 Required You are asked to show how the Statement of Financial Position would need to be amended to record each of the events shown below, which occurred during the year ended 31 December, 2016
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