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The comparative statement of financial position of Flounder Inc. as at June 30, 2020, and a statement of comprehensi the 2020 fiscal year follow:
The comparative statement of financial position of Flounder Inc. as at June 30, 2020, and a statement of comprehensi the 2020 fiscal year follow: FLOUNDER INC. Statement of Financial Position June 30, 2020 Assets Cash Accounts receivable Inventory Prepaid expenses FV-OCI investments Equipment Accumulated depreciation-equipment Total Liabilities and Shareholders' Equity June 30 2020 2019 $ 20,000 $ 41.000 85,500 74,700 103,200 102,000 2,500 5,100 47.600 44,500 176,000 159,500 (34,800) (23,600) $ 400,000 $ 403,200
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