Professional Documents
Culture Documents
Account Form 8TH Activity
Account Form 8TH Activity
Account Form 8TH Activity
Account form
Rod Neddie Trading
Balance sheet
As of December 31, 2016
Total Liabilities
Non-Current Assets
Property, plant and equipment 8 1,200,000 Owner's Equity
Report Form
Assets Note
Current Assets
Cash 5
Trade and Other Receivables 6
Prepaid expenses 7
Non-Current Assets
Property, Plant, And Equipment 8
Total Assets
Current Liabilities
Trade and Other Payables 9
Non-Current Liabilities
Mortgage Payable
Loan Payable
Total Liabilities
Owner's Equity
R, Capital
Total Liabilities and Capital
EXERCISE 4
Dolly Trading
Statement of Financial Position
As of December 31, 2017
Assets Note
Current assets
Cash 5
Trade and Other Receivables 6
Merchandise Inventory
Prepaid Expense 7
Total Current Assets
Non-Current Assets
Property, plant and Equipment 8
Total Assets
Total Liabilities
Owner's Equity
Dolly, Capital
Current Liabilities
Trade and Other Payables 9 60,000
Non-Current Liabilities
Mortgage Payable 700,000
Loan Payable 80,000 780,000
Total Liabilities 840,000
Owner's Equity
R, Capital 745,000
Total Liabilities and Capital 1,595,000
200,000
177,000
8,000
1,200,000
1,585,000
60,000
700,000
80,000 780,000
840,000
745,000
1,585,000
Note 5-Cash
Cash 17,500
17,500
11,000 Note 6 - Trade and Other Receivables
16,500 Accounts Receivables 6,000
1,500 Notes Receivables 5,000
46,500 Total 11,000