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The following details pertain to North Star Ltd. as of September 30, 2024. Prepare the statement of financial position. Cash: 30,000 Accounts Receivable: 50,000 Inventory:

The following details pertain to North Star Ltd. as of September 30, 2024. Prepare the statement of financial position.

  • Cash: ₹30,000
  • Accounts Receivable: ₹50,000
  • Inventory: ₹20,000
  • Land: ₹100,000
  • Accounts Payable: ₹40,000
  • Long-term Debt: ₹70,000
  • Common Stock: ₹50,000
  • Retained Earnings: ₹40,000

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