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  • Statement of Financial Position

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    Nur Satikadayana Binti Nurmatias A22A0992
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    This document is a statement of financial position as of December 31, 20X3. It shows total assets of $35,280 consisting of non-current assets of $18,924 such as office equipment, motor vehicles, and furniture, and current assets of $16,356 including cash, bank balance, accounts receivable, and inventory. Total capital and liabilities are also $35,280, with capital of $23,328 and current and non-current liabilities of $11,952.

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    STATEMENT OF FINANCIAL POSITION

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    This document is a statement of financial position as of December 31, 20X3. It shows total assets of $35,280 consisting of non-current assets of $18,924 such as office equipment, motor vehicles, and furniture, and current assets of $16,356 including cash, bank balance, accounts receivable, and inventory. Total capital and liabilities are also $35,280, with capital of $23,328 and current and non-current liabilities of $11,952.

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

    Statement of Financial Position

    Uploaded by

    Nur Satikadayana Binti Nurmatias A22A0992
    This document is a statement of financial position as of December 31, 20X3. It shows total assets of $35,280 consisting of non-current assets of $18,924 such as office equipment, motor vehicles, and furniture, and current assets of $16,356 including cash, bank balance, accounts receivable, and inventory. Total capital and liabilities are also $35,280, with capital of $23,328 and current and non-current liabilities of $11,952.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    STATEMENT OF FINANCIAL POSITION

    AS AT 31 DECEMBER 20X3

    COST ACC. DEP CA


    NON-CURRENT ASSET
    Office Equipment 12 250 4410 7840
    Motor Vehicles 9 150 2 746 6 404
    Furniture 3 600 1 420 2 180
    6% Loan to Fadzi 2 500
    18 924

    CURRENT ASSETS
    Cash (1630 – 150) 1 480
    Bank 5 270
    Account Receivable (680 – 110) 6 750
    (-) Allowance for doubtful debt (169)
    Inventory (asset) 2 600
    Prepaid Insurance 300
    Prepaid Telephone & Electricity 125
    16 356
    TOTAL ASSET 35 280

    CAPITAL 29 608
    Net Loss (4 230)
    Less : Drawing (2 050)
    23 328

    CURRENT LIABILITY
    Account Payable 3 632
    Accrued Interest 320

    NON-CURRENT LIABILITY
    6% Loan from Affin Bank 8 000
    11 952
    35 280

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