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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 8Use the information of Mbombela Traders for the year ended 31 March 2020 provided below, to answer questions 6 to 8: Vehicles

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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