(Learning Objective 2 and 3: Aggregating assets on the balance sheet) Travis Ltd has the following assets. Assuming that each account is not material, what is the highest level of aggregation allowed under IAS 1?

Cash on hands Short-term share investments Equipment Deposits at banks Investment under equity method Furniture and fi xtures Prepayments and deposits Goodwill Motor vehicles Trade receivables Inventory—raw materials Building Other receivables Inventory—work-in-progress Plantation Notes receivables Inventory—finished goods Intellectual property rights