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[Solved]: Non-current asset table[[Property, plant and equi
Home / Expert Answers / Accounting / non-current-asset-table-property-plant-and-equipment-500-000-105-000-investment-in-100-000-1-sh-pa650

(Solved): Non-current asset \table[[Property, plant and equipment,500,000,105,000],[Investment in 100,000$1 sh ...



Non-current asset \table[[Property, plant and equipment,500,000,105,000],[Investment in

100,000$1

shares in S Co at cost,100,000,-],[Total Non-current asset,600,000,105,000],[Current assets,,],[Inventories,25,000,20,000],[\table[[Receivables: S Co],[Other]],10,000,-],[\table[[Other],[Cash at bank]],,15,000],[Total current assets,5,000,-],[Total assets,55,000,35,000],[Equity and liabilities,655,000,140,000],[Equity.,,],[

$1

ordinary shares,,100,00],[Retained earnings,25,000,20,000],[Total equity,635,000,120,000],[\table[[Current liabilities],[Bank overdraft]],,],[\table[[Bank overdraft],[Payables: P Co]],,

-5,000


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