Question
Oriole AG's adjusted trial balance contained the following asset accounts at December 31, 2022: Cash 7,280, Land 41,600, Patents 13,000, Accounts Receivable 93,600, Prepaid
Oriole AG's adjusted trial balance contained the following asset accounts at December 31, 2022: Cash 7,280, Land 41,600, Patents 13,000, Accounts Receivable 93,600, Prepaid Insurance 4,280, Inventory 31,200, Allowance for Doubtful Accounts 4.160, and Trading Securities 11,440. Prepare the current assets section of the statement of financial position. (List Current Assets reverse in order of liquidity.)
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
3rd edition
1119372933, 978-1119372936
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