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Cash in hand-5000,Cash at bank-4000, Bill receivable-
3000,Bills payable-5000,Bank loan-6000.Calculate total
liability of the firm?
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Answer Posted / avinash
11000
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The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
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