IB BUSINESS

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IB BUSINESS

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this document contains practice resources of IB business management balance sheet practice questions

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Prepare balance sheet for the provided entries:

1.

Land 500000
Building & premises 300000
Stock 50000
Debtors 200000
Cash 75000
Bank overdraft 200000
Creditors 75000
Loan capital 300000
Debentures 200000
Retained profit 50000
Share capital 300000

2.

Fixed assets 1,200,000
Current assets 250,000
Current liabilities 200,000
Loan capital 800,000
Mortgages 300,000
Retained profit 50,000
Share capital 1000@100

3.

Furniture &Fixtures 14000
Equipment 15000
Vehicles 48000
Computer equipment 12000
Cash 11000
Stock 18000
Trade creditors 4000
Bank loan 48000
Share capital 66000

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School year: 1
Uploaded on: January 16, 2025
Number of pages: 4
Written in: 2024/2025
Type: Exam (elaborations)
Contains: Only questions

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