Answer to Question #87229 in Finance for james

Question

The following is the statement of financial position of Alvin Ltd as at 30 November 2017:

Non Current Assets
Current assets


Equity and liabilities
Ordinary share capital
Retained earnings
10% debentures
Trade Payables
Accrued expenses
Sh.
900,000
300,000
1,200,00

300,000
210,000
450,000
150,000
90,000
1,200,000
a) calculate the external finance
b) prepare a financial statement

Answer 1

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