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1 2 3 4 5 6 7 ABC Corp.'s trial balance reflected the following account balances at December 31, 2021: Accounts receivable (net) $24,000 6,000

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1 2 3 4 5 6 7 ABC Corp.'s trial balance reflected the following account balances at December 31, 2021: Accounts receivable (net) $24,000 6,000 Prepaid Advertising Accumulated depreciation-equipment 15,000 Cash 21,000 Inventory 30,000 Equipment 25,000 Patent 4,000 Supplies 2,000 Required: Prepare the total current assets section In ABC's December 31, 2021 statement of financial position as per IAS 1 using the following table: Assets $ value Current Assets

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