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    Format of Statement of Financial Position

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    Nayaz Emamaullee
    Simple format of a statement of financial position

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    Format of Statement of Financial Position

    Uploaded by

    Nayaz Emamaullee
    42 views1 page
    Simple format of a statement of financial position

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    © © All Rights Reserved

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    Simple format of a statement of financial position

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    42 views1 page

    Format of Statement of Financial Position

    Uploaded by

    Nayaz Emamaullee
    Simple format of a statement of financial position

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    Format of Statement of Financial Position

    Billy’s Statement of Financial Position as at 30 April 2020


    $ $ $
    Assets
    Non-Current Assets
    Property, plant and equipment 125000
    Motor vehicles 35000
    160000
    Current Assets
    Inventory 23000
    Trade receivables 14000
    Other receivables 3000
    Cash and cash equivalent 7000 47000
    Total Assets 207000
    Equity and Liabilities
    Equity
    Capital at start 100000
    Add Profit for the year 58000
    158000
    Less Drawings (14000)
    Capital at end 144000
    Non-current Liabilities
    Loan 50000

    Current Liabilities
    Trade payables 9000
    Other payables 4000 13000
    Total Equity and Liabilities 207000

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