Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Total non-current assets 2,530,000 Total Assets 2,865,000 LIABILITIES Current Liabilities: Creditors 410,000 Tax Payables 20,000 Salary Payables 92.000 Total Current liabilities 5.22,000 Non-Current Liabilities: Long

image text in transcribed
image text in transcribed
Total non-current assets 2,530,000 Total Assets 2,865,000 LIABILITIES Current Liabilities: Creditors 410,000 Tax Payables 20,000 Salary Payables 92.000 Total Current liabilities 5.22,000 Non-Current Liabilities: Long term loan 10,00,000 Total Liabilities 15,22,000 OWNER'S EQUITY: Paid up capital 740,000 Retained Earning 543,000 Share premium 60,000 Total 1,343,000 Total Liabilities & Equity 2,865,000 ROJERT CORPORATION @Al Tareeqah Management Studies - 2019

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

New Venture Creation A Framework For Entrepreneurial Start-ups

Authors: Paul Burns

2nd Edition

1352000504, 978-1352000504

More Books

Students also viewed these Finance questions

Question

the second derivative f(x)=100-x

Answered: 1 week ago