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Question 4 of 6 The followirgadditional information is provided 1. Cashincludes v960 in a potty cash fund and 89,600 in a bond sinking fund 2.

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Question 4 of 6 The followirgadditional information is provided 1. Cashincludes v960 in a potty cash fund and 89,600 in a bond sinking fund 2. The net accounts receivable balance is comprised of the followine three items (a) accounts recelvable-debit balances V41.600. (b) accounts receivable-credit balances 16,400 , and (c) allowance for doubtful accounts V2, 800 . 3. Imwentary casting 74.240 was shipped out on consgninent on July 31. 2022. The endina imentory balance does not include the consigned goods. Receivables in the amount of 44,240 were rbcognized on these consigned goodk. 4. Equipment had a cost of $89,600 and an accumulated deareciation balance of 122,400 . 5. Income taxes payable of 7,200 were accrued on Naly 31. Blue Ltd, however, had set up a cash fund to ngeet this obligation. The followine additionalingormation is provided. 1. Cash inchides 980 in a petty cash fund and 89.600 in a bond sinkirg fiand -2. The net accounts receivabie baiance is comprised of the following three iteme- (a) accounts receivable-debit balances 3. Inventory costing 74.240 was shipped cut on consignment on July 31,2022 . The ending inventory balance does not include the consigned goods Receivables in the amount of 44240 were recalgnized on these consigned goods. 4. Fquipment had a cost of Ya9, 600 ind an accumulsted depiteciation balance of $22,400. 5. Income tawetpayphtr of 77,200 wert accrued on July J1. Blue Ltd howewer, had set up a cash fund to meet this obligathon. Thiscash find wasnot included in the cabh bafance but wat offset against the income taxes payable amount. Prevare a correcied ciassifed statement of fnancial position as of Julv 31, 2022, from the available informatien, adjusting the account. beligcesusint the additional iriormation. (Lis Current Asaeti in reverse covder of liquidity) Question 4 of 6 Cash 55200 36800 (2800) 36000 30000 fquity Equity and Liabilities Non current tiabicties Question 4 of 6

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