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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) https://www.coursehero.com/file/10502093/Topic-10-Lecture-example-cashpart-II1/

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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.

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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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