Make update Hamarn’s Balance Sheet, based on the following information.

Use a Pencil

1. Pays her suppliers £20,000 of the trade payables she owes them, using cash.
2. She sells £4,500 of her inventories for cash.
3. She invests £20,000 extra money into the business. She spends £15,000 on new equipment and leaves the rest
as cash.
4. She pays back £5,000 of her bank loan, using cash.
5. Big Tasty Burger, adds an extra £4,000 to its retained profits. Half of this money is spent on stock, 25% is
used to pay suppliers and the rest is left as cash.

Balance Sheet for Big Tasty Burger

As at 30th November 2013

£ £
Non-Current Assets
 Shop Net Current Assets
 Van


Current Assets
 Inventories
 Cash

Current Liabilities
 Trade Payables
Net Assets
Net Current Assets

Net Assets
Financed By
Reserves and Equity
 Share Capital
 Retained Profit
 Bank Loan

Capital Employed
ADN 2007