Question

For number 36 - 45. JKL Company was established on January 1, 2015 and is engaged in the manufacture of clothes and other
apparel. The company makes use of 365 days in the computation for some of the ratios.
JKL Company
COMPARATIVE STATEMENT OF FINANCIAL POSITION
For the Year 2015 & 2016
Assets
2016
2015
Cash
400,000
290,000
Accounts Receivable
100,000
120,000
Trading Securities
20,000
40,000
Inventories
80,000
60,000
Prepaid Expenses
20,000
10,000
Total Current Assets
620,000
520,000
Total Non-Current Assets
300,000
200,000
Total Assets
920,000
720,000
Liabilities
Total Current Liabilities
Total Non-Current
Liabilities
50,000
450,000
100,000
350,000
Owner's Equity
Total Owner's Equity
Total Liabilities & OE
420,000
920,000
300,000
720,000
​

Answer 1

Answer:

୩୨୩ବ୮ଗପୁ୍ାାାୀେୀ୬ବଗଦରପିପଲସତତଗହୂୋିହଗୁିବିହିପକନୂନହଜର୮୫ିୂିୂ୩େୈଂାନହପଗଗବୁ୮ପହୁୂମୂ