Page 304 - Microsoft Word - 00 IWB ACCA F7.docx

Chapter 24

Example 2 cont.

Equity

Share capital 15,000
Share premium 2,000

Retained earnings 12,489
Revaluation surplus 10,000
––––––
39,489

Non-current liabilities
6% Loan 10,000

Current liabilities
Payables 8,675

Taxation 2,290
Bank 750

––––––
11,715
––––––
61,204

––––––

298