Changes needed to be made to this: https://imgur.com/a/P5ZNV
Answer : https://imgur.com/a/wzdcQ
Hi, I would like to know why other payable will be 67 after the changes have been made? Where does 2 in 67 come from ? Why does tax decrease from 22 to 17 after the changes? Finally for the retained earning, where does 41 come from? I understand that its 107 - 25 but why +41?
Thanks so much
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Question on balance sheet watch
- Thread Starter
- 08-11-2017 13:42