Page 117 - Business_Studies_F5

Student's Book Form Five

2. Use Table 6.21 to project the financial strengths of the business.

Table 6.21: Statement of financial position as at……….………...

Particulars (TShs) (TShs)
Assets
FOR ONLINE READING ONLY
Non-current assets

Premises XX
Plant & equipment XX

Vehicles XX
Furniture & fittings XX
Land XX

Total non-current assets (A) XXX
Current assets
Inventory XX

Receivables XX
Bank XX
Cash XX

Prepayments XX
Total current assets (B) XXX
Total Assets (A + B) XXX

Capital and liabilities
Capital
Capital at start XX

Add: Profit for the year XX
Less: Drawings XX
Total capital at close (C) XXX

Liabilities
Non-current liabilities
Loan from XX XX

Other non-current liabilities XX
Total non-current liabilities (D) XXX

Current liabilities

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