Question
You are working as an accountant for Stuart Limited, a listed manufacturing company having its headquarter in Tasmania. The summarised general ledger trial balance of
You are working as an accountant for Stuart Limited, a listed manufacturing company having its headquarter in Tasmania. The summarised general ledger trial balance of Stuart Ltd includes the following accounts at 30 June 2019. Additional information The bank overdraft is payable on demand and forms part of cash equivalents. Bank loans include amounts repayable within 1 year $480 000. Other loans outstanding are repayable within 1 year. Provision for employee benefits includes $124 000 payable within 1 year. Provision for warranty is in respect of a 6-month warranty given over certain goods sold. The investments in unlisted companies are long-term investments. Required Prepare the statement of financial position of Stuart Ltd at 30 June 2019 in accordance with AASB 101, using the captions included in the worksheet
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