- Blank 1 SAM Co. as at 31 August 2021 $ $ $ Assets Non-current...
50.1K
Verified Solution
Question
Accounting
- Blank 1 SAM Co. as at 31 August 2021 $ $ $ Assets Non-current Assets | Blank 2) Motor vehicle Less: Blank 31 180,000 (35,000) 145,000 Blank 4 Shares in Time Ltd. 120,000 68,000 Current Asset Closing inventory Trade receivable Less: Blank 5 1 Accrued revenue Blank 61 TOTAL ASSETS 575,000 (71.000) 504,000 21,000 14,000 607.000 872.000 Blank 7 Capital Add: Net profit Less: Drawings 370,100 248,246 (121.000) 497,346 Non-Current Liability Bank loan (due 2030) 200,000 Current Liabilities Trade payables Blank 81 Other payables TOTAL LIABILITIES & OWNER'S EQUITY 102,364 49,000 23.290 174.654 872,000 Required: You are to complete the above Statement of Financial Position by filling in the blank (1) to (8) with options listed below: (A) Owner's Equity (B) Depreciation (C) Fixed Assets (D) Prepaid expense (E) Statement of Financial Position (F) Statement of Comprehensive Income (G) Long-term Investments (H) Accumulated depreciation (1) Short-term Liabilities (J) Non-current Liabilities (K) Net loss (L) Allowance for impairment on receivables (M) Bank overdraft (N) Impairment loss on receivables Please key in your answers (for e.g. option: A, B, C, (without the bracket) in the space provided below: Blank 1 A Blank 2 A Blank 3 A Blank 4 I A Blank 5 A Blank 6 A Blank 7 A Blank 8 A/


Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.