Page 153 - Book-keeping for Secondary Schools Student’s Book Form One
P. 153
Basic financial statements
(Name of the sole proprietor)
A statement of financial position as at ….
TZS TZS TZS
ASSETS
Non-current assets:
FOR ONLINE READING ONLY
Land xxx
Building xxxx
Plant and machinery xxx
Furniture xxx
Current assets:
Inventory xxx
Trade receivables xxx
Cash at bank xxx
Cash in hand xx xxx
Total assets xxxx
CAPITAL AND LIABILITIES
Capital at start xxx
Add: Profit for the year xx
xxx
Less: Drawings (xxx)
Net Capital at the end xxxx
Non-current liabilities:
Bank loan xxx
Loan from somebody xxx xxx
Current liabilities:
Trade payables xxx
Bank overdraft xx xxx
Total liabilities xxx
Total capital and liabilities xxxx
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Book Keeping Form 1 New 2024 FINAL.indd 145 18/10/2024 10:14
