Question: NULLIuded in reported inventory unuly 3, 2018, and Enter Required: What is the correct amount of current assets on December 31, 2017? $ 35,000 300,000


NULLIuded in reported inventory unuly 3, 2018, and Enter Required: What is the correct amount of current assets on December 31, 2017? $ 35,000 300,000 Shift Problem 4-6 The following data were taken from the December 31, 2017 trial balance of Amex Company: A. Retained earnings-free + Reserve for pending lawsuit Reserve for depreciation Reserve for warranties Donated capital v Treasury shares, cost shee Excess over par (hPremium Share capital-authorized Share capita-unissued Share dividend distributable 200,000 100,000 60,000 20,000 10,000 40,000 75,000 500,000 125,000 50,000 S 00-200-125000 Required: Based on the foregoing, prepare shareholders' equity section on statement of financial position as of December 31, 2017
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