Question
The following information is from the balance sheet of TWT Berhad as at 31 December 2020. Find the retained profit as at 31 December 2020
The following information is from the balance sheet of TWT Berhad as at 31 December 2020. Find the retained profit as at 31 December 2020
| Cash | $150,000 |
| Accounts receivable | 30,000 |
| Motor vehicle | 60,000 |
| Machinery | 250,000 |
| Accounts payable | 75,000 |
| Wages payable | 50,000 |
| Loan payable | 140,000 |
| Share capital at 1.1. 2020 | 150,000 |
| Retained profit | ?? |
| Dividends | 13,000 |
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Companies Audit Investigations And Community Enterprise Act 2004 UK
Authors: The Law Library
1st Edition
1987582950, 978-1987582956
