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Prepare a Statement of Financial Position for XYZ Merchandisers as at 31st December 2024.

Accounting

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Here is the Statement of Financial Position for XYZ Merchandisers:

XYZ Merchandisers
Statement of Financial Position
As at 31st December 2024

\begin{array}{|l|r|r|} \hline ASSETS & K & K \\ \hline Non-current Assets & & \\ Office Equipment & 67,000 & \\ Less: Accumulated Depreciation, Office Equipment & (10,000) & 57,000 \\ Office Motor Vehicle & 100,000 & \\
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