1 1 1 1 1 3 1 Quick Ltd Revenue Cast of sales Distribution cost Admin expense. Interest Raceved Interal Paid Profit before tax -Tax Profit after tax 1376 50 (907.00) 369.50 Assets Non-current assest. PPE intangible assets investments Current assets Receivables (63 50) (13300) 175.00 Quick Ltd statement of financial position. as at 81 Dec Short-term invest Cash on hand Total Asset 12 50 (37.50) 150:00 Equity & Liabilities Equity Share capital Share premium (20.00) 80.00 2 281 28-3 100 80 50 130 2019 85 1625 1.00 la 5 51 1575 0.5 4.74 Revolution reserve Relain Eaming Now-current liabl Loan Current Liab Trade payables 63.5 Bank derdraft 425 Tax 60 Total equityt Liabi 611 Net cash flow from operating 4.5.5 90. 595 49 55 474
1 1 1 1 1 3 1 Quick Ltd Revenue Cast of sales Distribution cost Admin expense. Interest Raceved Interal Paid Profit before tax -Tax Profit after tax 1376 50 (907.00) 369.50 Assets Non-current assest. PPE intangible assets investments Current assets Receivables (63 50) (13300) 175.00 Quick Ltd statement of financial position. as at 81 Dec Short-term invest Cash on hand Total Asset 12 50 (37.50) 150:00 Equity & Liabilities Equity Share capital Share premium (20.00) 80.00 2 281 28-3 100 80 50 130 2019 85 1625 1.00 la 5 51 1575 0.5 4.74 Revolution reserve Relain Eaming Now-current liabl Loan Current Liab Trade payables 63.5 Bank derdraft 425 Tax 60 Total equityt Liabi 611 Net cash flow from operating 4.5.5 90. 595 49 55 474
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter10: Accounting For Sales And Cash Receipts
Section: Chapter Questions
Problem 3MC
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