Particulars Particulars 6,000 Sundry creditors Bills receivable 25,000 Bills payable 4,000 Stock 45,000 Machinery 60,000 Debtors 70,000 Furniture 10,000 Cash 4,000 Prepare a statement of affairs as on 31“ December 2018 and calculate capital as at that date.

Particulars Particulars 6,000 Sundry creditors Bills receivable 25,000 Bills payable 4,000 Stock 45,000 Machinery 60,000 Debtors 70,000 Furniture 10,000 Cash 4,000 Prepare a statement of affairs as on 31“ December 2018 and calculate capital as at that date.

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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