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Use what you need from the following information to prepare the statement of the financial position of the Union Company for the period ending on
Use what you need from the following information to prepare the statement of the financial position of the Union Company for the period ending on December 31, 2005: inventory 750 thousand dinars, lands and buildings one million and one hundred thousand dinars, machinery and equipment 2 million thousand dinars, dues 50 thousand dinars, payment papers 800 thousand dinars, Cash 100 thousand dinars, payables 800 thousand dinars, short-term securities 300 thousand dinars, accounts receivable one million and two hundred thousand dinars. Long-term loans 2 million dinars, preferred shares 250 thousand dinars, ordinary shares 500 thousand dinars (100 thousand ordinary shares with a nominal value of 5 dinars), issue premium 400 thousand dinars, furniture 800 thousand dinars, accumulated depreciation one million three hundred thousand dinars, retained earnings 200 Thousand dinars .
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