Partial Statement of Financial Position
IFRS 2-4
The statement of financial position for Ruiz Company includes the following accounts (in British pounds): Accounts Receivable £12,500; Prepaid Insurance £3,600; Cash £15,400; Supplies £5,200; and Debt Investments (short-term) £6,700. Prepare the current assets section of the statement of financial position, listing the accounts in proper sequence.
(List current assets in reverse order of liquidity. Do not enter currency symbols in your answer.)
(List current assets in reverse order of liquidity. Do not enter currency symbols in your answer.)
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RUIZ COMPANY Partial Statement of Financial Position |