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Prepare the current assets section of the statement of financial position. (List Current Assets in order of liquidity.) Concord Corporation Statement of Financial Position (Partial)
Prepare the current assets section of the statement of financial position. (List Current Assets in order of liquidity.)
Concord Corporation Statement of Financial Position (Partial) For the Month Ended December 31, 2020December 31, 2020For the Year Ended December 31, 2020 | ||||
Current Assets | ||||
Prepaid InsuranceCash and Cash EquivalentsInventoryPatentsAllowance for Doubtful AccountsLandTreasury BillsAccounts ReceivableFV-NI Investments | $ | |||
Treasury BillsPrepaid InsuranceFV-NI InvestmentsLandCash and Cash EquivalentsAccounts ReceivablePatentsInventoryAllowance for Doubtful Accounts | ||||
Accounts ReceivableTreasury BillsPrepaid InsuranceFV-NI InvestmentsInventoryPatentsCash and Cash EquivalentsAllowance for Doubtful AccountsLand | $ | |||
LessAdd: PatentsPrepaid InsuranceLandInventoryTreasury BillsFV-NI InvestmentsCash and Cash EquivalentsAllowance for Doubtful AccountsAccounts Receivable | ||||
Prepaid InsuranceInventoryTreasury BillsPatentsLandCash and Cash EquivalentsAllowance for Doubtful AccountsFV-NI InvestmentsAccounts Receivable | ||||
LandPatentsFV-NI InvestmentsTreasury BillsInventoryCash and Cash EquivalentsAccounts ReceivableAllowance for Doubtful AccountsPrepaid Insurance | ||||
Total Current Assets | $ |
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