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(Solved): Use The Information Of Mbombela Traders For The Year Ended 31 March 2020 Provided Below, To Answer Q...
Please help me with number 6,7 and 8
Use the information of Mbombela Traders for the year ended 31 March 2020 provided below, to answer questions 6 to 8: Vehicles Inventory Bank (overdraft) Debtors control Creditors control Equipment..... 700 000 200 000 50 000 600 000 500 000 400 000 6. What is the amount of non-current assets? (2) (3) 700 000 1 100 000 750 000 400 000 1 950 000 (4) (5) What is the amount of current liabilities? (1) (2) (3) (4) (5) 500 000 550 000 900 000 1 150 000 850 000 What is the amount of total assets? (1) (2) (3) (4) (5) 1 100 000 1 950 000 2 450 000 1 900 000 800 000
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Answer 6 :- Option 2 is correct 1,100,000 Explaination Non current Assets = Vehicles + Equipment Non current
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