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Gnom [1K]
2 years ago
9

Can someone please help me

Mathematics
1 answer:
Allisa [31]2 years ago
4 0

Answer:

I think it is C

Step-by-step explanation:

Reason being because the question said at least 15 points more so it can't

be 12 equal to 12 points. so you could eliminate the greater than or equal to.

so that leaves c and d. can't see how it is D because if he has 15 points more can't see why his other portion of points could take away 15 so that leaves C.

hope that helps

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Answer:

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<h3>What is a Statement of Financial Position?</h3>

A Statement of Financial Position is a financial statement that shows an entity's assets, liabilities, and equity.

Assets are items owned by an individual or entity that generate current, future, or potential economic benefits.

Liabilities are financial obligations that an individual or entity owes creditors.

Equity is the difference between assets and liabilities, which refers to the financial benefits accruing to the stockholders.

<h3>Data and Calculations:</h3>

1. Trade payables                                    $39,000

2. Cash at bank                                         14,000

3. Motor vans                                           25,000

4. Inventories                                             7,000

5. Bank overdraft                                     13,000

6. Property                                              96,000            

7. Trade receivables                              43,000            

8. Plant and equipment                        26,000            

9. Trademarks                                        28,000

10.   Fixtures and fittings                        17,000

11.   Mortgage on property                   45,000​

<h3>Current Assets:</h3>

2. Cash at bank                                          14,000

4. Inventories                                              7,000

7. Trade receivables                                43,000            

Total current assets =                           $64,000

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3. Motor vans                                          25,000

6. Property                                              96,000                      

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9. Trademarks                                        28,000

10.   Fixtures and fittings                         17,000

Total non-current assets =                $192,000

Thus, the total non-current assets are $192,000 and the current assets total $64,000.

Learn more about current and non-current assets at brainly.com/question/24147620

#SPJ1

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Sergeu [11.5K]

Answer:

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The beginning balance here is $0 and the closing balance is $15.

There were 2 transactions, one credit and one debit.

For the closing balance to be $15, the Credit amount must have been $15 more than the Debit amount.

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