Q: The following information regarding Mashra Ltd relates to its year ended 30
The following information regarding Mashra Ltd relates to its year ended 30 June 2024: Trial balance as at 30 June 2024: Additional information: (i) The inventory was counted at 30 June 2024 and was...
See AnswerQ: The following information concerns Zarman plc in relation to its year ended
The following information concerns Zarman plc in relation to its year ended 30 April 2024: The following additional information is relevant: (i) The inventory was counted at 30 April 2024 and was val...
See AnswerQ: You are presented with the trial balance of Finnax Ltd at 30
You are presented with the trial balance of Finnax Ltd at 30 November 2025 below: You are also provided with the following additional information: (i) Inventory at 30 November 2025 was counted and va...
See AnswerQ: You establish the following details in connection with the property, plant
You establish the following details in connection with the property, plant & equipment of Snoding Ltd for the year ended 30 June 2024: Carrying amount as at 1 July 2023 ……………………………………………………… 366,000£...
See AnswerQ: At 30 November 2023, Wandigo Ltd had the following capital structure
At 30 November 2023, Wandigo Ltd had the following capital structure: Share capital (500,000 ordinary shares of 25p each) ……… 125,000£ Share premium account ………………………………………………… 376,000 In January 2024...
See AnswerQ: J. Hill has the following assets and liabilities on 30 November
J. Hill has the following assets and liabilities on 30 November 2019: Trade payables £2,800; Equipment £6,200; Motor vehicle £7,300; Inventory £8,100; Trade receivables £4,050; Cash at bank £9,100; Ca...
See AnswerQ: Wilton Felder Ltd is finalising its financial statements for the year ended
Wilton Felder Ltd is finalising its financial statements for the year ended 31 October 2024. You are presented with the following information: Additional information: (i) There were no amounts outsta...
See AnswerQ: The balance sheets of Banton Ltd as at 31 August 2024 and
The balance sheets of Banton Ltd as at 31 August 2024 and 31 August 2023 are shown below: You are also given the income statement of Banton Ltd for the year ended 31 August 2024: Further information...
See AnswerQ: As at 31 May 2024 and 31 May 2023, Dendry Ltd
As at 31 May 2024 and 31 May 2023, Dendry Ltd had the following balance sheets: The company’s income statement for the year ended 31 May 2024 was as follows: Note also the followin...
See AnswerQ: The following details are provided to you regarding Southwall Ltd:
The following details are provided to you regarding Southwall Ltd: (i) The company reported an operating profit of £432,000 for the year ended 31 December 2024. (ii) The depreciation expe...
See Answer
