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CSEC POA Past Paper Solutions January 2009 Paper 2 Question 3

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CSEC POA Past Paper Solutions January 2009 Paper 2 Question 3. Contact us for further assistance

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Akil Rampaul Balance Sheet as at February 07 2009 Non Current Assets Furniture and fittings 10840 Machinery 25300 36140 Current Assets Cash 2545 Insurance prepaid 140 Accounts Receivables 6715 Inventory 4300 13700 Less Current Liabilities Accounts payable 2000 Bank overdraft 1360 3360 Working capital 10340 46480 Capital b/f 35000 Less Net Loss (800 + 700 + 20) -1520 33,480 Non Current liabilities Two year loan 13000 46,480 CSEC POA Past Paper Solutions January 2009 Paper 2 Question 3

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CSEC POA Past Paper Solutions January 2009 Paper 2 Question 3

  • 1. Akil Rampaul Balance Sheet as at February 07 2009 Non Current Assets Furniture and fittings 10840 Machinery 25300 36140 Current Assets Cash 2545 Insurance prepaid 140 Accounts Receivables 6715 Inventory 4300 13700 Less Current Liabilities Accounts payable 2000 Bank overdraft 1360 3360 Working capital 10340 46480 Capital b/f 35000 Less Net Loss (800 + 700 + 20) -1520 33,480 Non Current liabilities Two year loan 13000 46,480 CSEC POA Past Paper Solutions January 2009 Paper 2 Question 3