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  • Ingles Balance

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    Gerald Gutierrez Bravo
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    The balance sheet shows fixed assets of $140,000 including tangible assets of $40,000 and $95,000 for equipment. Current assets total $35,000 consisting of $10,000 in stock, $20,000 in debtors, and $5,000 in cash. Total assets less current liabilities are $143,000 with long term creditors of $100,000, leaving net assets of $43,000 represented by shareholders funds of $30,000 and reserves of $13,000.

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    ingles en balance

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    The balance sheet shows fixed assets of $140,000 including tangible assets of $40,000 and $95,000 for equipment. Current assets total $35,000 consisting of $10,000 in stock, $20,000 in debtors, and $5,000 in cash. Total assets less current liabilities are $143,000 with long term creditors of $100,000, leaving net assets of $43,000 represented by shareholders funds of $30,000 and reserves of $13,000.

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    6 views1 page

    Ingles Balance

    Uploaded by

    Gerald Gutierrez Bravo
    The balance sheet shows fixed assets of $140,000 including tangible assets of $40,000 and $95,000 for equipment. Current assets total $35,000 consisting of $10,000 in stock, $20,000 in debtors, and $5,000 in cash. Total assets less current liabilities are $143,000 with long term creditors of $100,000, leaving net assets of $43,000 represented by shareholders funds of $30,000 and reserves of $13,000.

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    of 1

    Balance sheet as at 28 Feb 2005 R&R-SEDA

    Fixed assets

    Tangible assets 40,000

    Equipment 95,000

    Buildings

    Intangible assets

    Goodwill 5,000

    140,000

    Current assets

    Stock 10,000

    Debtors 20,000

    Cash in the bank 5,000

    35,000

    Current liabilities

    Loans 23,000

    Creditors 7,000

    Tax 2,000

    32,000

    Net current assets 3,000

    Total assets less current liabilities 143,000

    Creditors falling due after one year 100,000

    Net assets 43,000

    Capital and reserves

    Shareholders 30,000

    Reserves 13,000

    Net worth 43,000

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