{"id":26953,"date":"2024-05-27T19:54:05","date_gmt":"2024-05-27T19:54:05","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/preparation-of-corporate-financial-statements-and-accounting-ratios-analyse-the-use-of-financial-reports-by-companys-stakeholders\/"},"modified":"2024-05-27T19:54:05","modified_gmt":"2024-05-27T19:54:05","slug":"preparation-of-corporate-financial-statements-and-accounting-ratios-analyse-the-use-of-financial-reports-by-companys-stakeholders","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/preparation-of-corporate-financial-statements-and-accounting-ratios-analyse-the-use-of-financial-reports-by-companys-stakeholders\/","title":{"rendered":"Preparation of corporate financial statements and accounting ratios. Analyse the use of financial reports by company’s stakeholders."},"content":{"rendered":"

Table 1 shows the trial balance for ABC Ltd on 30th June 2023<\/p>\n

Table 1: Trial balance at 3th June 2023<\/p>\n

\u00a3<\/p>\n

\u00a3<\/p>\n

\u00a31 Ordinary share capital<\/p>\n

500,000<\/p>\n

10% Debentures<\/p>\n

200,000 <\/p>\n

5% Long term bank loan<\/p>\n

100,000<\/p>\n

Retained profits<\/p>\n

150,000<\/p>\n

Land and buildings at cost<\/p>\n

500,000<\/p>\n

Fittings at cost<\/p>\n

170,000<\/p>\n

Fittings \u2013 accumulated depreciation<\/p>\n

20,000<\/p>\n

Machinery at cost<\/p>\n

300,000 <\/p>\n

Machinery \u2013 accumulated depreciation<\/p>\n

50,000<\/p>\n

Sales<\/p>\n

1,300,000<\/p>\n

Purchases<\/p>\n

900,000<\/p>\n

Opening inventory<\/p>\n

50,000<\/p>\n

Payables<\/p>\n

47,000<\/p>\n

Receivables<\/p>\n

80,000<\/p>\n

Rates<\/p>\n

60,000<\/p>\n

Miscellaneous expenses<\/p>\n

24,000<\/p>\n

Salaries and wages<\/p>\n

140,000<\/p>\n

Energy bills<\/p>\n

28,000<\/p>\n

Audit fee\u200b\u200b<\/p>\n

15,000<\/p>\n

Bad debt<\/p>\n

5,000<\/p>\n

Directors\u2019 remuneration<\/p>\n

44,000<\/p>\n

Debenture interest<\/p>\n

18,000<\/p>\n

Interest on Bank loan<\/p>\n

5,000<\/p>\n

Interim ordinary dividend <\/p>\n

5,000<\/p>\n

Cash<\/p>\n

2,000<\/p>\n

Bank<\/p>\n

21,000<\/p>\n

Totals<\/p>\n

2,367,000<\/p>\n

2,367,000<\/p>\n","protected":false},"excerpt":{"rendered":"

Table 1 shows the trial balance for ABC Ltd on 30th June 2023 Table 1: Trial balance at 3th June 2023 \u00a3 \u00a3 \u00a31 Ordinary share capital 500,000 10% Debentures 200,000 5% Long term bank loan 100,000 Retained profits 150,000 Land and buildings at cost 500,000 Fittings at cost 170,000 Fittings \u2013 accumulated depreciation 20,000 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[9],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/26953"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=26953"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/26953\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=26953"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=26953"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=26953"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=26953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}