plz solve !!! National LLCStatement of Financial Position for the year ended 31 December 2018ASSETSOn 1 January 2019, aOMROMRNon-current assets68,000 further400,000Ordinary shares were48,000 issued at a price ofOther current assets40,000Bank balance8,000116,000 OMR 1 each.Total AssetsEQUITY AND LIABILITIESEquityYou are required to40,000 prepare a summarized22,000 Statement of Financial22,000 PositionOrdinary Shares (OMRO.400 each)Retained Earningson 1January 2019 after theGeneral Reserveas84,000Current liabilities32,000 share issue.Total Equity and Liabilities116,000

Statement of financial position is a statement which shows all assets and liabilities and equity of…

ational LL Statement of Financial Position for the year ended 31 December 2018 ASSETS OMR OMR On 1 January 2019, a Non-current assets 68,000 further 400,000 Ordinary shares were issued at a price of Other current assets 40,000 Bank balance 8,000 48,000 Total Assets 116.000 OMR 1 each. EQUITY AND LIABILITIES Equity You are required to 40,000 prepare a summarized 22,000 Statement of Financial 22,000 Position 84,000 January 2019 after the 32,000 share issue. Ordinary Shares (OMRO.400 each) Retained Earnings General Reserve as 1 on Current liabilities Total Equity and Liabilities 116,000