Calculate Total Current Liabilities Extract of Balance sheet items as at 31 December 2020 OR Equipment 20000 Goodwill 4500 Creditors 1000 Land 35000 Account receivables 3500 Capital 11500 Closing Stock 15000 Loan 3000 Bank overdraft 3200 Cash 2500 Mortagage loan 7500 Machinery 1650 Trade payables 5700 Accumulated Depreciation (Equipment) 1000 Short term Investments 2200 Trade marks 6000 Drawings 1000 Retained Earnings 9150 Prepaid Expenses 2300 MC Select one: a. 25500 OMR b. 9900 OMR c. 91650 OMR d. 81250 OMR

Q: ended 31st March, 2020 and Balance Sheet as at that L.F. Dr. Balance () Cr. Balance ) Heads of…

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Q: Extract of Balance sheet items  as at 31 December 2020     OR Equipment 20000 Goodwill 4500…

A: Workings:-

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A: Long term liabilities are those obligations and liabilities which needs to be paid or settled by the…

Q: Extract of Balance sheet items  as at 31 December 2019     OR Building 35000 Account…

A: Extract of Balance sheet of 31.12.2019 : Current liabilities are the liabilities of the company…

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Q: Prepare the balance sheet of UCLA Ltd. ( the figures are in $ and as on 31 December 2019.) General…

A: Balance sheet of the business shows all assets, liabilities and equity of the business as on…

Q: The net cash provided (used) by financing activities was

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Q: OR Extract of Balance sheet items as at 31 December 2019 0000 Building 3500 Account receivables…

A: ‘’Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: yearended 28 February 2021 Fol DEBIT CREDIT Statement of financial position section Capital 939 S40…

A: A profit and loss statement sums up a company's sales, costs, and profits or losses. This report…

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A: Cash Flow Statement - Cash Flow Statement is the statement that shows the cash inflow and outflow of…

Q: Extract of Balance sheet items as at 31 December 2020 OR Land 35000 Account receivables 3500 Capital…

A: Formula: Owners Equity = Capital + Retained Earnings - Drawings.

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A: Current assets are those assets which are either in cash or can be converted into cash into short…

Q: Net Worth Problem                           Compute the income from unknown sources for Years Two…

A: Net worth represents the assets owned by an individual or a firm after deducting the liabilities.…

Q: Sign Language Hearing Co Ltd Comparative Balance Sheet October 31, 2020, and 2021…

A:

Q: Sign Language Hearing Co Ltd Comparative Balance Sheet October 31, 2020, and 2021   2021 2020…

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Q: Dec. 31, 2020 Dec. 31, 2021 Cash 152,400 139,500 Accounts receivable 33,200 35,000 Inventory 200,600…

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A: Current ratio: Current ratio is one of the liquidity ratios, which measures the capacity of the…

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A: Investing activities refers to the purchase and sale of physical assets and investment in…

Q: OR Extract of Balance sheet items as at 31 December 2019 20000 Land 8700 Account receivables 11500…

A: The total assets of a firm can be divided into two categories; 1) Current assets and 2) Non-current…

Q: Extract of Balance sheet items as at 31 December 2020 OR Land 35000 Account receivables 3500 Capital…

A:

Q: 1. Deprecation 20000 2. Net income 75000 The following accounts increased during 2020: Accounts…

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Q: 1. Deprecation 20000 2. Net income 75000 The following accounts increased during 2020: Accounts…

A: Investing activities -   Cash flows from investing activities represent that, cash invested in the…

Q: SydMel Ltd Statement of financial position As of 30 June 2020.       2020 2019 Assets…

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Q: xtract of Balance sheet items  as at 31 December 2020     OR Land 35000 Account  receivables…

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Q: 1. Deprecation 10000 2. Net income 75000 The following accounts increased during 2020: Accounts…

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A: Goods or items which are stored by the business either for selling or for further production for…

Q: Paid-in capital: 189000 Notes payable: 21000 Cash: 22000 Accounts payable: 16000 Merchandise…

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