Accountancy, asked by shwetha4265, 10 days ago

Prepare Opening Statement of Affairs with five imaginary figures.

Answers

Answered by diligentpriya14

13

Answer:

refer to the picture

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Consider any five common figures/frequently used like creditors,debtors,loan,Land,machinery,..etc

Attachments:

Answered by arshaarunsl

0

Answer:

Mrs. Bean

Statement of Affairs at the close of the 3rd year

Liabilities Amount Assets Amount

Creditors 13,000.00 Building 19,000.00

Loan 10,000.00 Equipment 5,000.00

Capital 15,000.00 Furniture 7,000.00

Debtors 3,000.00

Cash 4,000.00

38,000.00 38,000.00

#SPJ2

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