The statement of financial position/ The balance sheet of STAR Ltd. at the start of the week is as follows: Balance Sheet for STAR Ltd. as at ... (start of the week) Non-current Assets JD Property, plant and equipment Furniture and fittings 180,350 39,000 219,350 Current Assets Inventories 20,000 Trade receivables 25,500 45,500 Total Assets 264,850 Equity Share capital Retained profit 80,000 110,350 190,350 Current Liabilities Bank overdraft 40,000 Trade payables 34,500 74,500
The statement of financial position/ The balance sheet of STAR Ltd. at the start of the week is as follows: Balance Sheet for STAR Ltd. as at ... (start of the week) Non-current Assets JD Property, plant and equipment Furniture and fittings 180,350 39,000 219,350 Current Assets Inventories 20,000 Trade receivables 25,500 45,500 Total Assets 264,850 Equity Share capital Retained profit 80,000 110,350 190,350 Current Liabilities Bank overdraft 40,000 Trade payables 34,500 74,500
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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