Question: Fig Leaf Ltd., a publicly traded company, has compiled the following trial balance at their December 31, 20X8 year-end Fig Leaf Ltd reported net income

Fig Leaf Ltd., a publicly traded company, has compiled the following trial balance at their December 31, 20X8 year-end Fig Leaf Ltd reported net income of $857,200 and OCl of $800. $40,000 of bonds payable is due in 20X9. This is continuation of Lab 2. Required: Prepare a Statement of Financial Position for Fig Leaf Ltd at December 31, 20X8

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