Question: Additional Problem 5 The following information is taken from the partial trial balance of Pharoah Corporation for the year ended September 30, 2020: Accounts payable

Additional Problem 5

The following information is taken from the partial trial balance of Pharoah Corporation for the year ended September 30, 2020:

Accounts payable $ 198,800
Accounts receivable 208,900
Dividends payable 11,400
Accumulated other comprehensive income 12,400
Bonds payable 2,480,000
Contributed surplus 32,200
Gain on disposal of equipment 4,500
Income taxes payable 24,700
Prepaid expenses 13,100
Salaries and wages payable 20,700

Prepare the current liabilities section of the statement of financial position.

Pharoah Corporation Statement of Financial Position (Partial)

For the Year Ended September 30, 2020As at September 30, 2020For the Month Ended September 30, 2020

Total Intangible AssetsCurrent LiabilitiesTotal Current LiabilitiesTotal LiabilitiesLong-Term LiabilitiesProperty, Plant and EquipmentTotal AssetsTotal Long-Term InvestmentsTotal Long-Term LiabilitiesTotal Current AssetsTotal Liabilities and Shareholders' EquityTotal Property, Plant and EquipmentShareholders' EquityTotal Shareholders' EquityIntangible AssetsCurrent AssetsLong-Term Investments

$

Total Liabilities and Shareholders' EquityTotal Long-Term InvestmentsTotal Current AssetsTotal Current LiabilitiesTotal LiabilitiesTotal Long-Term LiabilitiesCurrent LiabilitiesCurrent AssetsShareholders' EquityTotal Intangible AssetsIntangible AssetsLong-Term LiabilitiesTotal AssetsProperty, Plant and EquipmentTotal Property, Plant and EquipmentTotal Shareholders' EquityLong-Term Investments

$

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