At August 31, 2022, Emma's trial balance included the following balances:                                          $ Machinery at cost     12,890 Depreciation                8,950 Inventory                       5,754 Trade receivables      11,745 Trade payables            7,830 Bank overdraft             1,675 Cash at bank                  150 What is the value of Emma's current assets at 31 August 2022?

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter16: Accounting Periods And Methods
Section: Chapter Questions
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At August 31, 2022, Emma's trial balance included the following balances:
                                         $
Machinery at cost     12,890
Depreciation                8,950
Inventory                       5,754
Trade receivables      11,745
Trade payables            7,830
Bank overdraft             1,675
Cash at bank                  150

What is the value of Emma's current assets at 31 August 2022?

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