200 p11:04 l. Gmail 2. Presented below is the statement of Financial position of Golden corporation for the year 2010 Golden Corporation Statement of Financial Position December 11 2010 Particulars Amount OMR) Particulars Amount OMR) Investment Property, Plant and equipment Intangible Assets Current Assets 630000 1720000 265000 495000 Equity Non Current Liabilities Current Liability 1770 960000 38000 Total Total 3110000 3110000 The following information is presented A. The current assets section includes: cash 160000, account receivables OMR 165000 less OMR 10000 for allowance for doubtful debts, inventories OMR 185000 and uneared revenue OMR S000, Inventories stated on the lower of FIFO Cotonet realizable value B. The investments section includes and hold for speculation OMR 50.000 investments in ordinary shame, short-term trading) OMR 70.000 and long-term (non-trading) OMR 260.000; and bond sinking fund OMR 250,000. The cost and fair value of investments in ordinary shares are the same. C. Property, plant, and equipment includes buildings OMR 1.040,000 less accumulated depreciation 360,000, equipm OMR 4 00 less accumulated depreciation 180,000 land OMR 500,000, and land held for future use OMR 260,000 D. Intangible assets include a franchise OMR 155.000 and goodwill OMR 110.000 F Current liabilities include accounts payable OMR 150,000 notes payable short term OMR 70,000 and long-term OMR 120,000, and income taxes payable OMR 40.000, F. Non-current liabilities are composed solely of 7% bonds payable due 2027 G. Equity has share capital preference, OMR 50 par value, wuthorized 20000 shares, issued 9000 shares for OMR 450000, and share capital ordinary. OMR 10 par value, authorized 40000 shares, issued 10000 shares at an axceptie of OMR 100. In addition, the company lossain sains of OMR 320000 Instructions Pesce a statement official sition in good focadiusting the most in sachstan of financul position classification continention given above (All amount in OMR). 1