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The Rent figure includes 600 relating to May, June and July 2017. The Machinery still has to be depreciated at year end by 10% straight line.
The Rent figure includes £600 relating to May, June and July 2017. The Machinery still has to be depreciated at year end by 10% straight line. There was unpaid Wages and Salaries at year end 30 April 2017 of £800. Stocktake at year end 30 April 2017 valued Inventory at £5,000. Motor Vehicles need year end depreciation (diminishing [reducing] balance at 10%). Use the information given about Harbhajan's business show the Statement of Financial Position for its year end, including the missing figure for Capital.