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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Net
Transcribed Image Text:8 2
la
$10
9 30 1/4
P
K
M
O
L
9-
AltCar
V
Example 1
Quick Ltd
Income skaitment
Revenue
Cost of sales
Distribution cost
Admin expense
Book S
Interest Receved
-Interal Paid
Profit before tax
Tax
Profit after tax
1.376 50
(90700)
369.50
Assets
Non-current assest
PPE
intangible assets
Investments
(68 50)
(13200)
175.00
Current assets
Receivables
Short-term invest
Cash on hand
Total Asset
12 50
(37.50)
Quick Ltd
statement of financial position
as al
81 Dec
Equity a hiabilities
Equity
Share capital
Share premiam
150:00
(20:00)
80.00
2030
190
195
75
195
25
L
loll
100
80
130
2019
85
100
la 5
51
1575
474
75
4.5.5
90.
Revolution reserve
Relain Earning
Now-current liabl
Loan
Current Liab
Trade payables
63.5
Bank dverdraft 42.5
Tax
60
Total equityt Liabi 611
Net cash flow from operating
25
59.5
49
55
474
VACA CEP COR
350
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps with 1 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education