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Statement of Final-Rial Position As at 30 June 2013 Current assets: Cash Accounts receivable Allowance for doubtful debts In ventory Prepaid...

This question was created from Topic 10 Lecture example cashpart II(1)


The question and related information has 4 parts in total. Please go through all of these parts to collect all the required data and kindly provide the solution as soon as possible. This is the 1st part.


Statement of Financial Position As at 3c June 2o}; lCurrent assets:
Iflash j H coo 3 4o coo Accounts receivable 5 85 coo I5 25 coo Allowance for doubtful debts (35 coo) (25 ccc) Inventory 5 5c coo .1. ac coo
Prepaid insurance 53 5oc 3c ccc —— Nonecu-rrent assets: Land 1 11c ccc I too coo
Building I 215 coo 9 55 coo
Accumulated depreciaticnrbuildings (3 S5 coo} (3 5o occ)
Plant and equipment 9 42 ccc j 23 coo Accumulated depreciation} plant and equipment (4 3c coo] (4 cc coo)
Patents o5 occ Bo coo Total assets Current liabilities: —— Account payable 3 1c cco 3 9c coc
Accrued expenses 1 3c coo I 4:: ccc Interest payable 35 ccc 3c coo
Income tax payable 4 5c ooc 3 9c ccc Final dividend a able 3 cc ccc 2 cc coo 1 215 coo 1 t5c cc-c

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