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Refer to the 2017 annual report of JB Hi-Fi Limited on its website, www.jbhifi.au and answer the following questions:
Refer to the 2017 annual report of JB Hi-Fi Limited on its website, www.jbhifi.com.au and answer the following questions:
1. What is the total value in the consolidated financial statements for each of the following items at the end of the year? • Cash and cash equivalents • Inventories • Sales revenue • Other income • Plant and Equipment • Interest Expense (finance costs) • Sales and marketing expense • Occupancy expenses • Trade and other payables • Borrowings (non-current)
2. What is the normal balance for each of the accounts listed above? What side of the account, debit or credit, is affected in order to decrease each item?
