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A list of financial statement items for Wildhorse Corporation includes the following: accounts receivable $15,700; cash $16,400; inventory $9,300; supplies $4,100; prepaid insurance $5,600; accumulated
A list of financial statement items for Wildhorse Corporation includes the following: accounts receivable $15,700; cash $16,400; inventory $9,300; supplies $4,100; prepaid insurance $5,600; accumulated depreciationbuildings $31,800; accumulated depreciationequipment $23,400; buildings $108,500; equipment $69,900; and land $65,100. Prepare the assets section of the statement of financial position. (List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Land, Buildings and Equipment.)
WILDHORSECORPORATION Statement of Financial Position (Partial) Assets Current Liabilities $ > > > $Step by Step Solution
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