Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 5 views

    Finm2a - Lu3 Rev Ex 4 - Q and A

    Uploaded by

    denigovender04

    Copyright:

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

    Finm2a - Lu3 Rev Ex 4 - Q and A

    Uploaded by

    denigovender04
    5 views3 pages

    Original Title

    Finm2a_lu3 Rev Ex 4_q and A

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    5 views3 pages

    Finm2a - Lu3 Rev Ex 4 - Q and A

    Uploaded by

    denigovender04

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 3

    FINANCIAT MANAGEMENT 2A

    I.EARNING UNIT 3 REVISION EXERCISE 4

    The following assets and liabilities relate to Square Engineering Ltd for the year ended
    28 February 2022.

    February 2022
    (R)
    Creditors Control 125 350

    Long Term Loan - ABSA 250 000

    Equipment 37s 000

    Accumulated Depreciation - Equipment 150 6s0

    Trading inventory 50 700

    Bank Overdraft 25 750

    ABSA - Credit Card outstanding 12 500

    Accrued Expenses 9 500

    lncome Received in Advance 12 000

    lnput VAT 35 000

    Petty Cash s00

    Savings Account 1500

    Debtors Control 85 000

    Accrued lncome 1500

    Prepaid Expenses 3 s00

    Output VAT 56 500

    Fixed Deposit - Maturing 30 Sept 2022 25 000


    REQUIRED

    Calculate the total amount of working capital forthefinancial yearended 28


    February
    1.
    2022.
    2. Calculate the total amount of current liabilities for the year ended 28 February 2022
    3. Calculate the net working capital.
    l- lLla tt
    (_-, \-/

    --7
    r\ r')

    k,rorta S OoCi
    PJaa s60
    {R,; a(Cou.nL

    A,
    t\CCf dacn - lr1( orln.A

    F,\""t dolon,L 15 oco


    Chf rrftc

    " . "_. e--"*adiLb€ C".y?! lr 3 3sr


    "*rrl. p'tel.dreFL .?s Tsrf
    *ed"t ea{J t2
    _? 5,gc)
    ". "..., -.. -l^,qnr-.a, re.-J,-u*ee{-ri -odgq3ca lp ooo
    tlL I
    Se -1;D()
    l&{?-{lt€.s "

    3. h",irr - Grrre-L LiAl,bn,


    L^L

    - K2+, 660
    . 63-s :qq) - - -

    You might also like