Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Sole Trader: Trading and profit and loss accounts and Statement of Financial Position: Other items

  • This is the Statement of Financial Solution for the Trial Balance Question found here.

G Musandu

Statement of Financial Position as at 30 September 20×9

 $$
Fixed Assets
Premises92000
Motor vehicles13400
Fixtures and Fittings

1900

107300
Current Assets
Stock44780
Debtors42560
Bank

5106

92446
Less Current Liabilities
Creditors

(31600)

60846

168146

Capital68843
Add Net Profit

121303

190146
Less Drawings

(22000)

168146

To access more topics go to the Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes.


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