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The following are the summarised statements of financial position of WWW Ltd, Zonko's Ltd and MoM Ltd as at 31 July 2020: Assets WWW
The following are the summarised statements of financial position of WWW Ltd, Zonko's Ltd and MoM Ltd as at 31 July 2020: Assets WWW Ltd Zonko's Ltd 000 MoM Ltd 000 000 Non-current assets Property, Plant and Equipment 12,830 7,690 5,130 Investment in Zonko's 5,040 Investment in MoM 1,390 Current assets 4,490 2,680 1,770 Total assets 23,750 10,370 6,900 Equity and liabilities Equity Ordinary share capital (1) 10,000 5,000 4,000 Retained earnings 7,930 3,210 1,250 Non-current liabilities 2,000 1,200 900 Current liabilities 3,820 960 750 Total equity and liabilities 23,750 10,370 6,900
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