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TRANSACTION: Short-term borrowings Retained earnings Property, plant & equipment Trade and other payables Long term borrowings Inventories Trade receivables Cash and cash equivalents Revaluation reserve Current tax payable Goodwill Current portion of long-term borrowings Intangible assets Share capital 10,000 50,000 130,000 35,000 35,000 12,000 25,000 8,000 15,000 5,000 30,000 15,000 60,000 100,000

TRANSACTION: Short-term borrowings Retained earnings Property, plant & equipment Trade and other payables Long term borrowings Inventories Trade receivables Cash and cash equivalents Revaluation reserve Current tax payable Goodwill Current portion of long-term borrowings Intangible assets Share capital 10,000 50,000 130,000 35,000 35,000 12,000 25,000 8,000 15,000 5,000 30,000 15,000 60,000 100,000

Financial Accounting: The Impact on Decision Makers
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter10: Long-term Liabilities
Section: Chapter Questions
Problem 10.10E
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ASSETS Current assets Statement of Financial Position at 31st December 2016 Total Currents Assets Non-current Assets Total Non-currents Assets Total Assets EQUITY AND LIABILITIES LIABILITIES Current liabilities Total Current Liabilities Non-current liabilities. - FORMAT Total Non-current Liabilities Total Liabilities EQUITY Total Equity Total Liabilities and Equity
Transcribed Image Text:ASSETS Current assets Statement of Financial Position at 31st December 2016 Total Currents Assets Non-current Assets Total Non-currents Assets Total Assets EQUITY AND LIABILITIES LIABILITIES Current liabilities Total Current Liabilities Non-current liabilities. - FORMAT Total Non-current Liabilities Total Liabilities EQUITY Total Equity Total Liabilities and Equity
TRANSACTION: 1. Short-term borrowings Retained earnings Property, plant & equipment Trade and other payables Long term borrowings Inventories Trade receivables Cash and cash equivalents Revaluation reserve Current tax payable Goodwill Current portion of long-term borrowings Intangible assets Share capital 10,000 50,000 130,000 35,000 35,000 12,000 25,000 8,000 15,000 5,000 30,000 15,000 60,000 100,000
Transcribed Image Text:TRANSACTION: 1. Short-term borrowings Retained earnings Property, plant & equipment Trade and other payables Long term borrowings Inventories Trade receivables Cash and cash equivalents Revaluation reserve Current tax payable Goodwill Current portion of long-term borrowings Intangible assets Share capital 10,000 50,000 130,000 35,000 35,000 12,000 25,000 8,000 15,000 5,000 30,000 15,000 60,000 100,000
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