Prepare the Statement of Financial Position in good form. Include all of the notes to the financial position. 1. GREEN Company provided the following accounts on December 31, 2022:Cash in bankAccounts receivableInventoriesOffice suppliesNotes receivableAccounts payableLong-term investmentTrading securitiesLandBuildingEquipmentAccrued expensesBonds payablePetty cash fundAllowance for doubtful accountsAccumulated depreciation-buildingAccumulated depreciation-equipmentPatentPrepaid advertisingOrdinary shares, P100 parShare premiumRetained earningsAdvances to employeesDividends payable1,800,0002,100,000800,00050,0001,000,0001,200,0001,500,000900,0001,800,0002,000,0001,200,000200,0004,000,00030,000250,0001,000,000500,000300,00070,0005,000,000600,000850,000200,000150,000Required: Prepare the statement of financial position in good form. Include all of the notes to theFinancial Position.

The balance sheet represents the company's financial position at the end of the financial year. It…

1. GREEN Company provided the following accounts on December 31, 2022: Cash in bank Accounts receivable Inventories Office supplies Notes receivable Accounts payable Long-term investment Trading securities Land Building Equipment Accrued expenses Bonds payable 1,800,000 2,100,000 800,000 50,000 1,000,000 1,200,000 1,500,000 900,000 1,800,000 2,000,000 1,200,000 200,000 4.000.000

1. GREEN Company provided the following accounts on December 31, 2022: Cash in bank Accounts receivable Inventories Office supplies Notes receivable Accounts payable Long-term investment Trading securities Land Building Equipment Accrued expenses Bonds payable 1,800,000 2,100,000 800,000 50,000 1,000,000 1,200,000 1,500,000 900,000 1,800,000 2,000,000 1,200,000 200,000 4.000.000

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter12: The Statement Of Cash Flows

Section: Chapter Questions

Problem 12.20MCE

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