Here is the balance sheet for Mrs. Aura, as requested: Mrs. Aura's Balance Sheet As at August 31, 2024 lrr Assets & & Sh. Non−Current Assets & & Premises & 70,000 & Car & 200,000 & Total Non−Current Assets & & 270,000 & & Current Assets & & Bank & 57,000 & Cash & 23,000 & Debtors & 2,000 & Stock & 0 & Total Current Assets & & 82,000 & & Total Assets & & 352,000 & & Capital and Liabilities & & Capital & & Initial Capital & 50,000 & Add: Profit & 3,000 & Add: Additional Capital (Car) & 200,000 & Less: Drawings & (3,000) & Total Capital & & 250,000 & & Non−Current Liabilities & & Loan from ICDC & & 100,000 & & Current Liabilities & & Creditors & & 2,000 & & Total Capital and Liabilities & & 352,000

Solved: Draw a balance sheet | Accounting

Here is the balance sheet for Mrs. Aura, as requested:

\textbf{Mrs. Aura's Balance Sheet} \\ \textbf{As at August 31, 2024}

\begin{array}{lrr} \textbf{Assets} & & \textbf{Sh.} \\ \textbf{Non-Current Assets} & & \\ \quad \text{Premises} & 70,000 & \\ \quad \text{Car} & 200,000 & \\ \quad \textbf{Total Non-Current Assets} & & \textbf{270,000} \\ & & \\ \textbf{Current Assets} & & \\ \quad \text{Bank} & 57,000 & \\ \quad \text{Cash} & 23,000 & \\ \quad \text{Debtors} & 2,000 & \\ \quad \text{Stock} & 0 & \\ \quad \textbf{Total Current Assets} & & \textbf{82,000} \\ & & \\ \textbf{Total Assets} & & \underline{\underline{\textbf{352,000}}} \\ & & \\ \textbf{Capital and Liabilities} & & \\ \textbf{Capital} & & \\ \quad \text{Initial Capital} & 50,000 & \\ \quad \text{Add: Profit} & 3,000 & \\ \quad \text{Add: Additional Capital (Car)} & 200,000 & \\ \quad \text{Less: Drawings} & (3,000) & \\ \quad \textbf{Total Capital} & & \textbf{250,000} \\ & & \\ \textbf{Non-Current Liabilities} & & \\ \quad \text{Loan from ICDC} & & \textbf{100,000} \\ & & \\ \textbf{Current Liabilities} & & \\ \quad \text{Creditors} & & \textbf{2,000} \\ & & \\ \textbf{Total Capital and Liabilities} & & \underline{\underline{\textbf{352,000}}} \\ \end{array}

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