The Statements of Financial Position for Kiwi Limited as at 30
June 2019 and 30 June 2020 are provided below:
Kiwi Limited
Statement of Financial Position as at 30
June
2019
2020
Assets
$
$
Cash at Bank
68,000
56,000
Accounts Receivable
121,000
139,000
Inventory
44,000
41,000
Land
241,000
241,000
Plant and Machinery
319,000
414,000
Less: Accumulated Depreciation
(10,000)
(89,000)
Total Assets
$783,000
$802,000
Liabilities
Accounts Payable
55,000
54,000
Tax Payable
16,000
23,000
Loan
536,000
362,000
Total Liabilities
$607,000
$439,000...