Q. From the following balance sheet of
Marathon LLC you are required to prepare
Fund...
Q. From the following balance sheet of
Marathon LLC you are required to prepare
Fund Flow
Statement.
Liabilities
2018 (dhs)
2019 (dhs)
Assets
2018 (dhs)
2019 (dhs)
Share Capital
Profit
& Loss A/c
Loans
Creditors
Bills Payable
550,000
85,000
10,000
55,000
80,000
700,000
97,000
35,000
72,000
35,000
Land and Building
Machinery
Stock
Debtors
Bills Receivable
Cash
490,000
90,000
80,000
16,000
12,000
92,000
630,000
135,000
30,000
25,000
30,000
89,000
780,000
939,000
780,000
939,000
From the following information’s of du Ltd. on 31st
March, 2019 you are required to prepare...
From the following information’s of du Ltd. on 31st
March, 2019 you are required to prepare the Trading, Profit and
Loss A/c and Balance Sheet:
Debit Balances
Amount (AED)
Credit Balances
Amount (AED)
Rent paid
1200
Capital
7100
Cash at bank
6250
Sales
72,000
Stock
12500
Sundry creditors
22,000
B/R
3000
Bills Payable
4150
Sundry debtors
32,500
Return outwards
500
Furniture
2000
Rent & Taxes
1300
Carriage inward
1450
Purchases
37,500
Salaries
3850
Commission
750
Postage
250
Return inward
1300...
From the following information’s of du Ltd. on 31st
March, 2019 you are required to prepare...
From the following information’s of du Ltd. on 31st
March, 2019 you are required to prepare the Trading, Profit and
Loss A/c and Balance Sheet:
Debit Balances
Amount (AED)
Credit Balances
Amount (AED)
Rent paid
1200
Capital
7100
Cash at bank
6250
Sales
72,000
Stock
12500
Sundry creditors
22,000
B/R
3000
Bills Payable
4150
Sundry debtors
32,500
Return outwards
500
Furniture
2000
Rent & Taxes
1300
Carriage inward
1450
Purchases
37,500
Salaries
3850
Commission
750
Postage
250
Return inward
1300...
The balance sheets of Jobin & Co
Ltd for the years ended 2010, 2011 and 2012...
The balance sheets of Jobin & Co
Ltd for the years ended 2010, 2011 and 2012 are as follows:
Jobin & Co Ltd
Balance sheets at 31 December
2010
2011
2012
K000
K000
K000
Non-current assets
Plant and
equipment
13,200
16,110
16,410
Current assets
Inventory
2,190
2,280
2,490
Trade
debtors
2,
040
2,100
2,430
Short-term
investments
4,200
1,800
1,290
Cash at bank and in
hand
1,920
1,650
2,160
Creditors: amounts falling due within
one year
Short-term
loans
(2,340) ...
You are presented with the following
summarized accounts of Mtwapa Ltd. which has 40,000 issued ordinary...
You are presented with the following
summarized accounts of Mtwapa Ltd. which has 40,000 issued ordinary
shares:
Mtwapa Ltd.
Income Statement for the Year
To 28 Feb. 2012
Sh.
Sales (all credit)
1,200
Cost of sales
600
Gross profit
600
Administrative expenses
(500)
Debenture interest payable
(10)
Profit on ordinary activities
90
Taxation
(30)
60
Dividends
(40)
Retained profit for the year
20
Mtwapa Ltd.
Statement of Financial Position
At 28 Feb. 2012
Sh....
The following balances have
been extracted from the accounting system of Buloon (Pty) Ltd at 31...
The following balances have
been extracted from the accounting system of Buloon (Pty) Ltd at 31
March 2016, their most recent financial
year end. Mr Duffy, the owner,
has approached you to assist him in planning for the next quarter
ending on 30 June 2016.
R
Share Capital
220 000
Loan BAO Bank
160 000
Furniture and Equipment at
Cost price
240 000
Vehicles at Cost price
200 000
Inventory
10
000
Debtors
80...