Page 351 - FR Integrated Workbook 2018-19
P. 351

Answers










                  Example 2 cont.




                   (W1)               Balance                             Interest       Balance
                                         b/f        Paid         Net      @ 10%             c/f

                   31 March 20X8      750,000  (215,000) 535,000           53,500        588,500
                   31 March 20X9      588,500  (215,000) 373,500

                                                    (CL)        (NCL)
























































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