Below is the statement of financial position for a limited liability company as at 30 Sep 2021:  Javid Ltd Statement of Financial Position as at 30/Sep/2021£mAssets  Non-current assets  Land and building  1,240Fixtures and fittings  1801,420Current assets  Inventories  790Trade receivables  710Cash at bank 5002,000Total assets 3,420Equity and Liabilities  Equity  Share capital: £0.50 ordinary shares  1,500Retained earnings  9002,400Non-current liabilities  Borrowing - 9% bank loan 600600Current liabilities  Trade payables  400Other payables   20420Total equity and liabilities  3,420 What is the company's Gearing ratio? Group of answer choices20%82%45%53%

The following extract from J Limited’s statement of financial position at 1 January 2022 is available. Equity Issued capital: ordinary shares of $0.25 each Share premium Retained earnings Total equity Non‐current liabilities 7% Debentures (2028) $ 600 000 175000 54000 829000 200000 REQUIRED (a) State two features of revenue reserves which do not apply to capital reserves. 1 ................................................................................................................................................ ................................................................................................................................................... ................................................................................................................................................... 2 ................................................................................................................................................ ................................................................................................................................................... ................................................................................................................................................... [2] Additional information The directors wished to raise additional finance. On 1 April 2022 the company made a rights issue of 2 ordinary shares for every 3 shares held at a price of $0.35 per share. The issue was fully subscribed. REQUIRED (b) Calculate the amount raised by the rights issue of shares. ................................................................................................................................................... ................................................................................................................................................... ................................................................................................................................................... ................................................................................................................................................... ................................................................................................................................................... ............................................................................................................................................. [3] © UCLES 2023 9706/21/M/J/23 [Turn over Additional information The directors paid an interim dividend of $0.12 per share on 1 July 2022. REQUIRED (d) Calculate the total amount of the interim dividend. 12 Additional information The directors had considered making an issue of debentures rather than a rights issue. (c) Identify two reasons why the directors of J Limited might prefer to raise additional finance through a rights issue rather than by issuing debentures. 1 ................................................................................................................................................ ................................................................................................................................................... 2 ................................................................................................................................................ ................................................................................................................................................... ................................................................................................................................................... ................................................................................................................................................... ................................................................................................................................................... ............................................................................................................................................. [2]

Statement of Financial Position (sebelum koreksi) Marine CompanyPer 31 Desember 2024 (dalam rupiah)ASSETCash 5,000,000Account Receivable 100,000Equipment – Machine 10,000,000Accumulated Depreciation – Machine (2,000,000) Supplies 8,000,000Total Asset 21,100,000LIABILITIES AND EQUITYAccount Payable 11,100,000Owner’s Equity 10,000,000Total Liabilities and Equity 21,100,000 Income Statement (sebelum koreksi) Marine CompanyPer 31 Desember 2024 (dalam rupiah)RevenueSales Revenue 13,063,000 Rent Revenue Total Revenue 1,000,000 14,063,000Expenses Insurance Expense 500,000 Depreciation Expense 200,000 Salaries & Wages Expense Total Expenses 5,000,000 5,700,000Income before tax 8,363,000Income tax (40%) 3,345,200Income after tax 5,017,800Pada akhir 2024 diketahui temuan-temuan berikut:1. Penyusutan mesin pada bulan Maret dicatat Rp1.000.000 yang seharusnya Rp1.100.000.2. Pada 17 Juni belum mencatat pendapatan dari sewa gudangnya sebesar Rp500.000.3. Transaksi pembelian bahan habis pakai pada 25 Desember dicatat sebagai pembelian tunai yang seharusnya pembelian secara kredit sebesar Rp2.000.000, belum dilunasi sampai 31 Des.4. Setelah melakukan stock opname diketahui sisa barang di gudang yaitu sebanyak Rp6.500.0005. Kesalahan pencatatan transaksi penjualan kredit seharusnya Rp6.400.000 dicatat Rp5.000.000 (pencatatan cost of goods sold sudah benar).Diminta:Buatlah statement of financial position setelah koreksi

The purpose of a financial statement that lists an entity's total capital/liabilities is to show:Question 3Answera.The amount of the entity could be sold for in liquidationb.The amount of the entity could be sold as a going concernc.The financial performance of the entity over a period of timed.The financial position of the entity at a particular moment in time

Assets Liabilities  Accounts payable 25,000Cash 8, 000 Bank overdrafts 1,500Accounts receivables 10, 000 Long term loans 40,000Inventory 10, 000 Total liabilities 66,500Property, Plant and Equipment 100, 000 Shareholders Equity   Share capital 35,000  Retained earnings 26, 500Total Assets 128, 000 Total Liabilities and SE 128, 000 You have the following information from the balance sheet of Company X as at 30 June 2018.Calculate current ratio.

Statement listing assets, liabilities and owner's equity.Select one:a.Statement of Financial Positionb.Revenuec.Capitald.Expenses