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Tutorial According the following information that you have, do the functional analysis of the balance sheet of Yasmine LTD Company P.O.BOX 62 Buea (31/12/2018). Assets
Tutorial According the following information that you have, do the functional analysis of the balance sheet of Yasmine LTD Company P.O.BOX 62 Buea (31/12/2018). Assets Amount Subscribed, capital uncalled 1 000 000 Liabilities Capital Reserve Intangible fixed assets: Development expenses 10 000 000 Patents Software 2 000 000 3 000 000 Tangible fixed assets: Building 15 000 000 Net Profit Amount 10 000 000 500 000 3 500 000 Loan and related financial 7 000 000 debt Provision for risk and 3 000 000 expenses Industrial tools Transport equipment Current Asset: Stock 5 000 000 15 000 000 5 000 000 Suppliers 5 000 000 Customer 10 000 000 Fiscal and social debt 2 000 000 3 000 000 Others debt 1 000 000 Prepaid expenses VAT recoverable Others receivables 1 000 000 500 000 Cash Asset: Cash Bank Total 2 000 000 5 000 000 77 500 000 Total 32 000 000 Additional information: 1) Depreciation and Provision: 45 500 000FCFA 2) Discounted bills not matures: 2 500 000 FCFA 3) Property financed by leasing: original value: 2 000 000FCFA, depreciation: 1 000 000FCFA 4) Bank overdraft: 1 000 000 5) Purchase of Goods: 25 000 000 Exclusive VAT 6) Sales of goods: 100 000 000 Exclusive VAT 7) Dividends: 90% of Net Profit and 10 % Legal reserve
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