Short loans:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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balance sheet 20201231 (mkr):

fixed assets 9540

current assets 2630

s: a assets. 1280

equity 2070

long loans 5650

short-term. liabilities. 4360

s: a EQ and liabilities 12080

Let us assume that a new share issue is carried out where the owners invest SEK 1,400 million. The money is then used to repay long-term loans of SEK 900 million and short-term liabilities of SEK 400 million.

 

Your task is to fill in the amounts for the following items in the balance sheet after the new share issue and associated transactions described above have been completed:

 

S assets:
mkr

Equity:
mkr

Short loans:
mkr




 

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