On August 1, 2021, the beginning of its current fiscal year, the following opening account balances, listed in alphabetical order, were reported by Bonita Ltd.

Accounts payable		$2,270
Accounts receivable		4,590
Accumulated depreciationequipment		2,060
Cash		5,970
Common shares		13,000
Deferred revenue		1,180
Equipment		10,700
Interest receivable		20
Note receivable, due October 31, 2021		4,000
Retained earnings		6,330
Salaries payable		1,400
Supplies		960

During August, the following summary transactions were completed.

Aug. 1		Paid $410 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during August and September. (Hint: Use the Prepaid Advertising account.)
3		Paid August rent $410. (Hint: Use the Prepaid Rent account.)
6		Received $2,920 cash from customers in payment of accounts.
10		Paid $3,190 for salaries due employees, of which $1,790 is for August and $1,400 is for July salaries payable.
13		Received $4,120 cash for services performed in August.
15		Purchased additional equipment on account $2,010.
17		Paid creditors $2,010 of accounts payable due.
22		Purchased supplies on account $790.
24		Paid salaries $3,060.
27		Performed services worth $5,240 on account and billed customers.
29		Received $820 from customers for services to be provided in the future.
31		Declared and paid a $520 dividend.

(13) Prepare a statement of financial position. (List Current Assets in order of liquidity.) BONITALTD. Statement of Financial Position August 31, 2021 Assets $ $ $ Save for Later Attempts: 0 of 3 used Submit