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Hello students, here is a question.
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The following information is available.
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So in the question they have given the given some transactions and information which is related to assets liability and total shareholders equity.
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So we have to find out what is the current asset current liability and non -current liabilities and total shareholders equity for this problem.
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So let us discuss the answer for this.
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So first we'll find the current assets.
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So in the given problem the current assets are account receivable that is 18 ,500 notes payable sorry notes receivable.
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Notes receivables 10 ,000 land land is 12 ,000.
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So therefore the total current assets are 44 ,300.
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Now we'll calculate the total current liability.
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So the current liabilities are accounts payable accounts payable is 19 ,400.
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Bonds payable it is 40 ,000.
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Occurred income tax payable it is 7 ,200.
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So therefore the total current assets are 66 ,600.
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Now we'll calculate the total non -current liabilities.
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So total non -current liabilities.
01:58
So those are occurred wages.
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So occurred wages are 4 ,100 mortgage.
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Mortgage payable it is 20 ,000.
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Total non -current liabilities will be 24 ,100.
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Now we'll calculate total shareholders equity.
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Total shareholders equity.
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So the total shareholders equities are contributed capital contributed capital of ordinary shares.
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It is 11 ,000.
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Preferred shares difference share it is 6 ,000.
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So total it is 17 ,000 and unrealized capital are unrealized capital.
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It is premium on bonds premiums on bond is 4 ,300.
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Premiums of preferred share premium on preference share that is 2 ,400.
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Premiums on ordinary shares.
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Premiums on ordinary shares...