At 31 October 20X6 Roger's trial balance included the following balances:Machinery at costAccumulated depreciationInventory12,8908,9505,75411,7457,8301,675150Trade receivablesTrade payablesBank overdraftCash at bankWhat is the value of Roger's current assets at 31 October 20X6?

Current assets: In accounting, a current asset is an asset which can be expected to be sold,…

At 31 October 20X6 Roger's trial balance included the following balances: $ 12,890 8,950 5,754 11,745 7,830 1,675 150 Machinery at cost Accumulated depreciation Inventory Trade receivables Trade payables Bank overdraft Cash at bank What is the value of Roger's current assets at 31 October 20X6?

At 31 October 20X6 Roger's trial balance included the following balances: $ 12,890 8,950 5,754 11,745 7,830 1,675 150 Machinery at cost Accumulated depreciation Inventory Trade receivables Trade payables Bank overdraft Cash at bank What is the value of Roger's current assets at 31 October 20X6?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

At 31 October 20X6 Roger's trial balance included the following balances:
Machinery at cost
Accumulated depreciation
Inventory
12,890
8,950
5,754
11,745
7,830
1,675
150
Trade receivables
Trade payables
Bank overdraft
Cash at bank
What is the value of Roger's current assets at 31 October 20X6?

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