rrr 9 Quick Ltd Income statement Revenue Cost of sales Distribution cost Admin expense Interest Rocered Interst Paid Profit before tax Tax Profit after tax 1276.50 (907.00) 369.50 Assets Non-Current assest PPE in tangible assets investments Current assets Receivables (6250) (133 (0) 175-00 Short term invest. Cash on hand Total Asset Quick Ltd Statement of financial position as at 31 Dec 1250 (3750) 150:00 (7000) 80.00 Equity & Liabilites Equity Share capital Stare premian 2030 190 195 75 195 coll 100 50 130 2019 85 1525 100 63.5 42.5 12 5 51 157.5 Revolution reserve Relain Earning Now-current liabl Loan Current Liab Trade payables Bank derdraft lax Total equityt hiabi lell Net cash flow from operating 0.5 474 15 75 45.5 90 25 59.5 49 55
rrr 9 Quick Ltd Income statement Revenue Cost of sales Distribution cost Admin expense Interest Rocered Interst Paid Profit before tax Tax Profit after tax 1276.50 (907.00) 369.50 Assets Non-Current assest PPE in tangible assets investments Current assets Receivables (6250) (133 (0) 175-00 Short term invest. Cash on hand Total Asset Quick Ltd Statement of financial position as at 31 Dec 1250 (3750) 150:00 (7000) 80.00 Equity & Liabilites Equity Share capital Stare premian 2030 190 195 75 195 coll 100 50 130 2019 85 1525 100 63.5 42.5 12 5 51 157.5 Revolution reserve Relain Earning Now-current liabl Loan Current Liab Trade payables Bank derdraft lax Total equityt hiabi lell Net cash flow from operating 0.5 474 15 75 45.5 90 25 59.5 49 55
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Net
Transcribed Image Text:24
N
8 2 9
K
CE
C
Quick Ltd
Income statement
Revenue
Cost of sales
Distribution cust
Admin expense
Interest Receved
Interst Paid
Profit before tax
Tax
Profit after tax
1276.50
(907.00)
369.50
Assets.
Non-current assest
PPE
intangible assets
investments
Current assets
Receivables
Short-term invest
Cash on hand
Total Asset
(62.50
(13200)
175.00
Quick Ltd
statement of financial position
as at
31 Dec
12 50
(37-50)
150.00
(20.00)
80.00
2020
Equity & Liabilities
Equity
Share capital
Share premium
190
125
75
195
25
coll
100
80
50
130
Revolution reserve
Relain Eaming
Now-current liabl
2019
85
1525
100
12 5
157.5
0.5
474
15
75
45.5
90
25
Lean
Current Liab
Trade payables
63.5
Bank derdraft 42.5
lax
-60
Total equityt hiab: 611
Net cash flow from operacting
59.5
49
55
474
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