We appreciate your visit to The following data extracted from the books of a company during the years 2008 and 2009 Data 2008 2009 Creditors 110000 170000 Cash 80000 60000. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
The following data extracted from the books of a company during the years 2008 and 2009 are -
Financial Position: Year 2008: Assets: Cash $80,000, Payment papers $100,000, Net fixed assets $425,000, Stock $145,000.Liabilities: Creditors $110,000, Indebted $85,000, Fixed obligations $118,000. Total Assets: $750,000, Total Liabilities and Equity: $750,000. Year 2009: Assets: Cash $60,000, Payment papers $65,000, Net fixed assets $500,000, Stock $200,000. Liabilities: Creditors $170,000, Indebted $130,000, Fixed obligations $150,000. Equity: Retained earnings $195,000, Capital $310,000. Total Assets: $825,000, Total Liabilities and Equity: $825,000.
learn more about;- balance sheet here
https://brainly.com/question/32166203
#SPJ11
Thanks for taking the time to read The following data extracted from the books of a company during the years 2008 and 2009 Data 2008 2009 Creditors 110000 170000 Cash 80000 60000. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!
- Why do Businesses Exist Why does Starbucks Exist What Service does Starbucks Provide Really what is their product.
- The pattern of numbers below is an arithmetic sequence tex 14 24 34 44 54 ldots tex Which statement describes the recursive function used to..
- Morgan felt the need to streamline Edison Electric What changes did Morgan make.
Rewritten by : Barada
