Question
Try and arrange the following list of balances into a balance sheet for the traders. These figures represent balances for the year ended 31 December
Try and arrange the following list of balances into a balance sheet for the traders. These figures represent balances for the year ended 31 December 2018
| Capital | 53,000 |
| Trade receivables | 15,000 |
| Trade payables | 12,000 |
| Inventory | 28,000 |
| Bank overdraft | 18,000 |
| Land and buildings | 100,000 |
| Computer equipment | 20,000 |
| Mortgage | 80,000 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Traders Balance Sheet as of December 31 2018 Assets Current ...
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Step: 2
Step: 3
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International Financial Reporting and Analysis
Authors: David Alexander, Anne Britton, Ann Jorissen
5th edition
978-1408032282, 1408032287, 978-1408075012
