capitalReserves& SurplusDebentureS330000SundrycreditorsOthercurrentLiabilities200000Long-term 150000loans onmortgageBillsPayable50000100000500022200030000020000045000120000100001435000 1697000Plant & 400000MachineryFurniture& fixturesOtherfixedassetsCash in 20000hand & atbankBillsreceivableSundrydebtorsStockPrepaidexpenses200002500015000020000025000014350006000002500030000800009000025000035000020001697000 The following are the balance sheet of ABC ltd. for the years 2020 and2021. Prepare a comparative Balance sheet and comment on the financialposition of the companyLiabilities 2020Equityshare6000002021800000AssetsLandBuildings&20203700002021270000

Horizontal analysis is one of the comparative analysis, under which each item is compared with…

The following are the balance sheet of ABC ltd. for the years 2020 and 2021. Prepare a comparative Balance sheet and comment on the financial position of the company Liabilities 2020 Equity share 600000 2021 800000 Assets Land Buildings 2020 & 370000 2021 270000

The following are the balance sheet of ABC ltd. for the years 2020 and 2021. Prepare a comparative Balance sheet and comment on the financial position of the company Liabilities 2020 Equity share 600000 2021 800000 Assets Land Buildings 2020 & 370000 2021 270000

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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