Question
Condensed data from the comparative statement of financial position (SFP) of Pharoah Inc. follow: 2020 2019 2018 Current assets $120,000 $80,000 $100,000 Non-current assets
Condensed data from the comparative statement of financial position (SFP) of Pharoah Inc. follow: 2020 2019 2018 Current assets $120,000 $80,000 $100,000 Non-current assets 405,000 340,000 311,000 Current liabilities 78,000 88,000 78,000 Non-current liabilities 157,000 116,000 156,000 Common shares 142,000 122,000 101,000 Retained earnings 148.000 94,000 76,000
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
