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this is the information only provided by our teacher. the P sign is Pesos Problem 3 Huge Company reported the following current assets at year-end:
this is the information only provided by our teacher. the P sign is Pesos Problem 3 Huge Company reported the following current assets at year-end: Cash Accounts Receivable Inventory, including goods received on consignment P200 Bond investment at fair value through other comprehensive income Prepaid expenses, including a deposit of P50,000 made on inventory to be delivered in 18 months Total current assets P5,000 2,000 800 1,000 150 8,950 Cash in general checking account Cash fund to retire 5-year bonds payable Cash held to pay value added taxes Total Cash 3,500 1,000 500 5,000 What total amount of current assets should be reported at year-end? Problem 3 Huge Company reported the following current assets at year-end: Cash Accounts Receivable Inventory, including goods received on consignment P200 Bond investment at fair value through other comprehensive income Prepaid expenses, including a deposit of P50,000 made on inventory to be delivered in 18 months Total current assets P5,000 2,000 800 1,000 150 8,950 Cash in general checking account Cash fund to retire 5-year bonds payable Cash held to pay value added taxes I Total Cash 3,500 1,000 500 5,000 What total amount of current assets should be reported at year-end
this is the information only provided by our teacher. the P sign is Pesos
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