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The two photos are one question. AA LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR TO 31 DECEMBER 2014 2013 GHS'000 160 (96) 2014 GHS'000
The two photos are one question.
AA LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR TO 31 DECEMBER 2014 2013 GHS'000 160 (96) 2014 GHS'000 Sales Cost of goods sold Gross Profit Operating expenses Debenture Interest Net profit before tax 200 (114) 86 (34) 64 47 (12) 35 29 Net profit after tax Dividend paid: Preference shares Ordinary shares 20 (10) (12) 23 (10) Retained profit 10 STATEMENT OF FINANCIAL POSITION AT 31 DECEMBER 2014 2013 GHS'000 300 2014 GHS 000 Non-current assets (@ net book value) Current Assets: Inventories Trade debtors Cash and bank 320 15 20 40 58 71 Current Liabilities Trade creditors Net current assets (25) 36 Page 9 of 12Step by Step Solution
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