A list of financial statement items for Pharaoh Corporation includes the following:accounts receivable $14,400; cash $17,700; inventory $7,800; supplies $5,700; prepaid insurance $2,600; accumulated depreciation - buildings $35,000; accumulated depreciation - equipment $26,000; buildings $110,500; equipment $69,400; and land $63,100.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A list of financial statement items for Pharaoh Corporation includes the following:accounts receivable $14,400; cash $17,700; inventory $7,800; supplies $5,700; prepaid insurance $2,600; accumulated depreciation - buildings $35,000; accumulated depreciation - equipment $26,000; buildings $110,500; equipment $69,400; and land $63,100.
Prepare the assets section of the statement of financial position. (List Current Assets in order of liquidity. List Property, Plant, and
Equipment in order of Land, Buildings and Equipment.)
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PHAROAH CORPORATION
Statement of Financial Position (Partial)
Assets
$
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Transcribed Image Text:Prepare the assets section of the statement of financial position. (List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Land, Buildings and Equipment.) e here to search PHAROAH CORPORATION Statement of Financial Position (Partial) Assets $ 21°C Sunny
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eTextbook and Media
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21°C Sunny
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ENG
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Transcribed Image Text:Type here to search eTextbook and Media f₂ fa $ 21°C Sunny A ENG 12:07 1 7/30/2
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