Question
The Second Company: Identify the missing numbers in the balance sheet list? Here is the information available from the records of Al-Rafidain General Trading and
The Second Company: Identify the missing numbers in the balance sheet list?
Here is the information available from the records of Al-Rafidain General Trading and Contracting Company on 31 / December / 2019, and you are required to prepare the balance sheet of Al-Rafidain General Trading and Contracting Company for the financial year 31 / December / 2019, according to the information available with finding the missing numbers above.
6,000 short term investments, 5,000 prepaid expenses, 6,000 long term loans, 5,000 prepaid expenses, 4,000 mortgage loans, 8,000 creditors, 7,000 notes in cash, 4,000 cash in bank, 10,000 prepaid income, 10,000 withheld earnings, 15,000 long term investments, 20,000 buildings, (5,000) buildings depreciation complex, 10,000 capital, 25,000 equipment, (5,000) equipment depreciation complex, 6,000 goodwill replaced, 4,000 patents, 20,000 other goods term, 10,000 debtors, (3,000) allowance for doubtful debts, 10,000 revenue Receivable, 8,000 cash in the fund, 20,000 preferred shares,? Ordinary shares (share value 2 dinars, number of offered shares 25,000 shares, and number of issued shares 20,000 shares),? Total current assets? Total fixed assets ,? Total tangible assets? Total current liabilities? Total long-term liabilities? Total obligations? Total equity.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started