Cash Prepaid rent Inventory Investment FVPL Accounts receivable Sinking fund asset Investment in associates. Property, plant & equipment, net Patents, net Wages payable Dividends payable Taxes payable Accounts payable Bonds Payable OP916,000 and P640,000 O P866,000 and P648,000 O P916,000 and P648,000 P 175,000 O P776,000 and P552,000 136,000 820,000 153,000 366,000 525,000 1,020,000 1,700,000 150,000 250,000 140,000 228,000 How much should be reported in ACCCOB2's December 31, 2020 statement of financial position as current and non-current liabilities, respectively? 248,000 648,000

Cash Prepaid rent Inventory Investment FVPL Accounts receivable Sinking fund asset Investment in associates. Property, plant & equipment, net Patents, net Wages payable Dividends payable Taxes payable Accounts payable Bonds Payable OP916,000 and P640,000 O P866,000 and P648,000 O P916,000 and P648,000 P 175,000 O P776,000 and P552,000 136,000 820,000 153,000 366,000 525,000 1,020,000 1,700,000 150,000 250,000 140,000 228,000 How much should be reported in ACCCOB2's December 31, 2020 statement of financial position as current and non-current liabilities, respectively? 248,000 648,000

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity

Section: Chapter Questions

Problem 6E: Balance Sheet Baggett Companys balance sheet accounts and amounts as of December 31, 2019, are shown...

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