(a) Create a balance sheet in horizontal style for XYZ Company using the information givenin Table Q1(a).ItemCredit ($) Debit ($)Cash at bank5,200Cash in hand19,876Financial debt54,87234,239InsuranceProperty, plant and equipmentReceivables and other assets2,339,874478,563Repairable automobile parts1,985,374Total amount on 31st December 20174,828,88789,111Table Q1(a)

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Description: (a) Create a balance sheet in horizontal style for XYZ Company using the information givenin Table Q1(a).ItemCredit ($) Debit ($)Cash at bank5,200Cash in hand19,876Financial debt54,87234,239InsuranceProperty, plant and equipmentReceivables and other

Balance sheet is one of the statement of financial position which shows all assets, all liabilities…

Business

Accounting

(a) Create a balance sheet in horizontal style for XYZ Company using the information given in Table Q1(a). Item Credit ($) Debit ($) Cash at bank 5,200 Cash in hand 19,876 Financial debt 54,872 Insurance 34,239 Property, plant and equipment 2,339,874 Receivables and other assets 478,563 Repairable automobile parts 1,985,374 Total amount on 31st December 2017 4,828,887 89,111 Table Q1(a)

(a) Create a balance sheet in horizontal style for XYZ Company using the information given in Table Q1(a). Item Credit ($) Debit ($) Cash at bank 5,200 Cash in hand 19,876 Financial debt 54,872 Insurance 34,239 Property, plant and equipment 2,339,874 Receivables and other assets 478,563 Repairable automobile parts 1,985,374 Total amount on 31st December 2017 4,828,887 89,111 Table Q1(a)

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter6: Cash And Receivables

Section: Chapter Questions

Problem 13GI

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