Question $3of3\frac{?}{\frac{-}{18}\frac{?}{?}}$

Current Attempt $in$ Progress

Concord $Ltd.$ had the following comparative statement $of$ financial position:$\frac{?}{b}$

egin$\{tabular\}\{|c|c|c|\}\frac{?}{h}$

line $lticolumn\{3\}\{|l|\}\{\frac{?}{\text{b}\text{e}\text{g}\text{i}\text{n}\{tabular\}\{l\}}$

Concord Limited$\frac{\frac{?}{?}}{?}$

Comparative Statement $of$ Financial Position $Asat$ December $31\frac{?}{e}$

$nd\{tabular\}\}\frac{\frac{?}{?}}{?}$

$\frac{?}{\text{h}\text{l}\text{i}\text{n}\text{e}}$ & $2023$ & $2022\frac{\frac{?}{?}}{?}$

$\frac{?}{\text{h}\text{l}\text{i}\text{n}\text{e}}$ Cash & $\frac{?}{?}$$$17,900$ & $\frac{?}{?}$$$10,900\frac{\frac{?}{?}}{?}$

$\frac{?}{\text{h}\text{l}\text{i}\text{n}\text{e}}$ Accounts receivable & $29,700$ & $22,300\frac{\frac{?}{?}}{?}$

$\frac{?}{\text{h}\text{l}\text{i}\text{n}\text{e}}$ Inventory & $17,500$ & $26,250\frac{\frac{?}{?}}{?}$

$\frac{?}{\text{h}\text{l}\text{i}\text{n}\text{e}}$ Prepaid insurance & $2,190$ & $1,750\frac{\frac{?}{?}}{?}$

$\frac{?}{\text{h}\text{l}\text{i}\text{n}\text{e}}$ Equipment & $89,340$ & $78,750\frac{\frac{?}{?}}{?}$

$\frac{?}{\text{h}\text{l}\text{i}\text{n}\text{e}}$ Accumulated depreciation$-$equipment & $\frac{?}{((19,600)\frac{?}{?})}$ & $\frac{?}{((10,900)\frac{?}{?})}\frac{\frac{?}{?}}{?}$

$\frac{?}{\text{h}\text{l}\text{i}\text{n}\text{e}}$ Total assets & $\frac{?}{?}$$$137,030$ & $\frac{?}{?}$$$129,050\frac{\frac{?}{?}}{?}$

$\frac{?}{\text{h}\text{l}\text{i}\text{n}\text{e}}$ Accounts payable & $\frac{?}{?}$$$20,130$ & $\frac{?}{?}$$$17,500\frac{\frac{?}{?}}{?}$

$\frac{?}{\text{h}\text{l}\text{i}\text{n}\text{e}}$ Salaries and wages payable & $3,500$ & $1,750\frac{\frac{?}{?}}{?}$

$\frac{?}{\text{h}\text{l}\text{i}\text{n}\text{e}}\frac{?}{e}$

$nd\{tabular\}$

Question $3of3$

Additional information:

Net income for the fiscal year was $$11,850.$

Equipment that cost $$8,750$ was sold for a gain $of$ $$875$ during $2023.$ The equipment's accumulated depreciation was $$6,125-15,000orin$

parenthesis $e.g.(15,000).$