7/21/2019 Additional Exercises 456

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Flint

has

f200

in the

business

bank

account

and

f175,cash

in hand.''You

are required

to

his

caPital.

up N.

Marriott's

statement

of

finaniial

position

from

the,following

infolmation

as

at

201

1:

Capital

Accounts

receivable

Car

Accounts

payable

Equipment

Inventory

Cash

at bank

Draw

up

M.

Kelly's

statement

of

financial

capital

Equipment

Accounts

payable

Inventory

Accounts

receivable

Cash

at

bank

{1..-PgV-g- I--s99q: 9l

gedit

1760.

'

I

Tne

owner

takes

out f200

cash

for

his

personal

use.

i__'-----------------

f

20,700

800

8,300

3,500

7,900

5,700

1,600

position

as

at

30

June 2012 from

the following

f

10,200

3,400

4,100

3,600

4,500

2.800

Complete

the columns

to show

the

effects of

the following

transactions:

ct ipon

Liabilities

Capita

We

pay

a creditor

fl,150

by

cheque.

o

n

UY

--