The statement of financial position for Diaz Company includes the following accounts: Accounts Receivable .... 12,500; Prepaid

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The statement of financial position for Diaz Company includes the following accounts:

Accounts Receivable .... £12,500;
Prepaid Insurance ...... £3,600;
Cash ........... £15,400;
Supplies .......... £5,200; and
Short-Term Investments ..... £6,700.

Prepare the current assets section of the statement of financial position, listing the accounts in proper sequence.

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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