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i need help on this question above thank you PROBLEMS Prepare assets section. P1: Canadian Corporation reports the following selected accounts (in thousands) at December
i need help on this question above thank you
PROBLEMS Prepare assets section. P1: Canadian Corporation reports the following selected accounts (in thousands) at December 31, 2021: Accounts payable $1,978 Income tax receivable $99 Accounts receivable, gross 1,630 Interest income 112 Accumulated depreciationbuildings 960 Inventory 1,902 Accumulated depreciation equipment 488 Land 1,077 Name: Allowance for doubtful accounts Bad debts expense Buildings Cash Cost of goods sold Equipment 32 Notes receivable (current) 2,481 138 Notes receivable (non-current) 101 2,734 Sales 12,637 592 Supplies 85 9,741 Trading investments 196 737 Instructions Prepare the assets section of Canadian's statement of financial positionStep by Step Solution
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