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    4 views1 page

    Template 2.7

    Uploaded by

    Vaishnav VIPANCHIKA
    a

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    Exercise 2.

    7 Classified Balance Sheet - Noel’s Plumbing

    NOEL’S PLUMBING
    Balance Sheet as at 1 February 2025

    $ $ $ $
    Current Assets Current Liabilities
    Cash at bank 3000 Wages owing 400
    Inventory of Parts 12000 Accounts Payable 8500
    Accounts receivable 1500 1650 Mortgage 8000
    00
    Loan-NAB 20000 36900

    Non-Current Assets Non-Current


    Liabilities
    Tools 12000 Mortgage 72000
    Company Vans 30000
    Premises 90000 1320
    00
    Owner’s equity
    Capital-N.Season 39600

    Total Assets 1485 Total Equities 14850


    00 0

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