Key Concept Exercise Part A Kmgt-712

2. Reorganise the following into a simple statement of financial position Statement of financial position Assets Euro Non- Current assets Freehold factory 250,000.00 Current assets Lorry/Truck (net book value) 12,000.00 Amount owed to the business by its customers 16,000.00 Stocks of unsold goods (inventories) 10,000.00 Total Assets 288,000.00 Current liabilitiesBank balance (overdrawn) 40,000.00 non- current liabilities10-year bank loan 45,000.00 Total Liabilities 85,000.00 owners equity 203,000.00 Total Liability Owners Equity288,000.00 Y, dXiJ(x( I_TS 1EZBmU/xYy5g/GMGeD3Vqq8K)fw9 xrxwrTZaGy8IjbRcXI u3KGnD1NIBs RuKV.ELM2fi V vlu8zH (W uV4(Tn 7_m-UBww_8(/0hFL)7iAs),Qg20ppf DU4p MDBJlC5 2FhsFYn3E69 45Z5k8Fmw- dznZ xJZp /P,)KQk5qpN8KGbe Sd17 paSR 6Q