Major_plc - 3,200 Dividends 6,000 3,000 Accruals 1,000 800...

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Major plc Balance sheet as at 31 December 2005 2005 2004 £000 £000 Fixed assets Plant and machinery 29,300 17,600 10,750 9,500 13,150 [23,900-10,750] 8,100 [17,600-9,500] Current assets Stocks 15,000 5,000 Debtors 26,700 8,600 Prepayments 400 300 Cash - 600 42,100 14,500 Total assets 55,250 22,600 Current liabilities Overdraft 16,200 - Creditors 10,000 6,000 Taxation 5,200
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Unformatted text preview: 3,200 Dividends 6,000 3,000 Accruals 1,000 800 Long-term liabilities 38,400 13,000 Debenture 750 600 Net assets 16,100 55,250-(38400+750) 9,000 (22,600-(13,000+600) Capital and reserves(OE) Share capital 6,000 [5,000+1,000] 6,000 [5,000+1,000] Profit and loss account (Retained Earnings) 10,100 3,000 16,100 9,000...
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