Tutorial Week 4 Homework 4 Workings Trade and other receivables Accounts

Tutorial week 4 homework 4 workings trade and other

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Tutorial Week 4 Homework 4 Workings: * Trade and other receivables: Accounts receivable $ 58 000 Allowance for doubtful debts (12 800) Prepaid insurance 7 000 52 200 **Property, plant and equipment: Land $ 220 000 Buildings 380 000 Plant and equipment $ 222 500 Accumulated depreciation (42 500) 180 000 780 000 ***Goodwill: Goodwill $ 105 000 Accumulated impairment (10 000) 95 000 ****Trade and other payables: Interest payable $ 2 800 Accounts payable 69 500 Dividend payable 10 000 82 300 ***** Short-term borrowings: Bank overdraft (at call) $ 69 200 7% Debentures 80 000 149 200 ******Long-term borrowings: Mortgage loan $ 250 000 Less instalment payable 1 March 2016 (50 000) 200 000
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