Which account will appear last under the current assets 1. Which account will appear last under the current assets classification on the Statement of Financial Position? a. Accounts Receivable. b. Prepaid Expenses. c. Short-term investments. d. cash. 2. Which of the following classification appears last in the Statement of Financial Position? a. Non-current Liabilities. b. Equity. c. Current Liabilities. d. Reserves. 3. Which of the following is in the proper position? a. Equity;Current Liabilities;Non-current Liabilities. b. Equity;Non-current Liabilities;Current Liabilities. c. Current Liabilities;Non-current Liabilities;Equity. d. Non-Current Liabilities; current Liabilities;Equity. Use the following data (in thousands) for questions 4 ï€ 5 Debit Credit Long-term debt Â¥ 943 Prepaid expenses Â¥ 880 Equipment 11,500 Patents 264 Short-term investments 3,690 Notes payable in 2012 481 Cash 2,668 Accumulated depreciation 5,655 Accounts payable 1,444 Notes payable after 2012 368 Share capital-ordinary 10,000 Retained earnings 3,063 Accounts receivable 1,696 Inventories 1,256 Total Â¥ 21,954 Â¥ 21,954 4. Total assets on the Statement of Financial Position for 2012 are: a. Â¥21,954 b. Â¥16,299 c. Â¥27,609 d. Â¥15,419 5. The subtotal of the last asset classification on the 2012 Statement of Financial Position is: a. Â¥5,845 b. Â¥9,310 c. Â¥11,500 d. Â¥10,190 Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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