Statement of Financial Position Flashcards
1
Q
Statement of Financial Position
A
Non Current Assets Cost AD NBV
Freehold premises 80000 0 80000
Rest ———
add
Current Assets (AD) section
add from non current assets
= total assets
capital (nbv)
capital start
capital introduced during
profit for year
- drawings
Non current liabilities (nbv)
current liabilities (AD)
