Use what you need from the following information to prepare the statement of the financial position of
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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 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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