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The ledger of STABILITY Co. as of December 31, 20x1 Includes the following: (picture below). How much is the total current assets? * Assets Cash
The ledger of STABILITY Co. as of December 31, 20x1 Includes the following: (picture below). How much is the total current assets? * Assets Cash 25,000 Trade accounts receivable (net of P10,000 credit balance in accounts) 50,000 Held for trading securities 90,000 Financial assets designated at FVPL 30,000 Investment in equity securities at FVOCI 70,000 Investment in bonds measured at amortized cost (due in 3 years) 60,000 Prepaid assets 15,000 Deferred tax asset (expected to reverse in 20x2) 12,000 Investment in Associate 36,000 Investment property 46,000 Sinking fund Property, plant, and equipment Goodwill Totals 38,000 150,000 28,000 650,000 Your
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