contemporary issues in accounting subject
Abdulsalam LLC's Financial position (Redraft)
|
Equity and liabilities |
Assets |
|
share capital (5,260) |
INVENTORY: RAW MATERIALS (2,500 + 300) = 2,800 |
|
debenture (1,540) |
INVENTORY: FINISH GOODS (3,000-100) = 2,900 |
|
net profit (2,500 +300-100) = 2,700
= 9,500 |
OTHER ASSETS(3,800)
= 9,500 |