From the following balances of Maryam Plc., as at 31.12.18 a) Income statement b) Statement of Changes in Equity c) Balance sheet d) Format Motor vehicles (cost) Accumulated depreciation: Motor vehicles (1.1.18) Dividend paid to the shareholders Interest paid Administration expenses Trade receivables Trade payables Selling and Distribution Expenses Revenue Cost of sales Equipment (31.12.18) Accumulated depreciation: Equipment (1.1.18) Directors' remuneration Inventories (31.12.18) Retained eamings (1.1.18) General reserves Debentures (15%) Cash at bank Warehouse rent Share capital (£1) DEBIT RO'000 56160 7800 1950 1560 8970 12285 97227 66690 6240 10530 234 702 270348 CREDIT RO'000 14040 15249 142857 24570 17342 5200 19500 31590 270348

From the following balances of Maryam Plc., as at 31.12.18 a) Income statement b) Statement of Changes in Equity c) Balance sheet d) Format Motor vehicles (cost) Accumulated depreciation: Motor vehicles (1.1.18) Dividend paid to the shareholders Interest paid Administration expenses Trade receivables Trade payables Selling and Distribution Expenses Revenue Cost of sales Equipment (31.12.18) Accumulated depreciation: Equipment (1.1.18) Directors' remuneration Inventories (31.12.18) Retained eamings (1.1.18) General reserves Debentures (15%) Cash at bank Warehouse rent Share capital (£1) DEBIT RO'000 56160 7800 1950 1560 8970 12285 97227 66690 6240 10530 234 702 270348 CREDIT RO'000 14040 15249 142857 24570 17342 5200 19500 31590 270348

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter2: Financial Statements, Cash Flow,and Taxes

Section: Chapter Questions

Problem 1Q: Define each of the following terms: Annual report; balance sheet; income statement Common...

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