The financial statements of Eastern Platinum Limited (Eastplats) are presented in Appendix A at the end of

Question:

The financial statements of Eastern Platinum Limited (Eastplats) are presented in Appendix A at the end of this book.

Instructions

(a) What were the balances of Eastplats's total current assets and total assets at December 31, 2010 and 2009?

(b) In what order are Eastplats's current assets listed? Non-current assets?

(d) In what order are its current liabilities listed? Non-current liabilities?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...