Essay On Creative Activities Pty Ltd

Creative Activities Pty Ltd: Balance Sheet 2007/2008Essay title: Creative Activities Pty Ltd: Balance Sheet 2007/2008Creative Activities Pty Ltd: Balance Sheet 2007/200820072008Current Assetscash at bank80,000200,000Debtors637,000591,000Inventory- sports clothing230,000235,000Inventory- sports equipment325,000298,0001,272,0001,324,000Non-current assetsOffice furniture1,110,0001,040,000Less accumulated depreciation149,000961,000180,000860,000Delivery Van30,00030,000Less accumulated depreciation10,00020,00015,00015,000Motor Vehicle50,00050,000Less accumulated depreciation12,00038,00016,00034,0001,019,000909,000Total Assets2,291,0002,233,000Current LiabilitiesCreditors271,000253,000Overdraft6,00010,000Taxes payable48,00060,000325,000323,000Non-current liabilitiesTerm Loan50,00045,00050,00045,000Total liabilities375,000 S&P Global 2,111,0004,000,0001,000,000,000,000,000,000Contracts of Credit to third parties, liabilities, and amounts.