Theriault Inc. shows a balance of $420,289 in the Accounts Receivable account on December 31, 2014. The balance consists of the following:

Instructions
Show how the information above should be presented on the statement of financial position of Theriault Inc. at December 31, 2014.

Transcribed Image Text:

Instalment accounts due in 2015 Instalment accounts due after 2015 Overpayments to creditors Due from regular customers, of which $40,000 represents 48,000 44,000 12,640 accounts pledged as security for a bank loan Advances to employees Advance to subsidiary company (made in 2009) 165,000 49,649 101,000 $420,289