Remaining Time: 1 hour, 10 minutes, 17 seconds. Question Completion Status: Moving to another question will save this response. Question 1 Question 1 1 points On December 31, 2018, XYZ Co. has the following information in the statement of financial position: Bond payable due on 2021 $150,000 Equity attributable to owners 550,000 Share Discount ordinary 15,000 Investment in Held-for-collection securities 6,500 Account receivables 70,000 Treasury shares 50,000 Allowance for doubtful account 10,000 Share Premium-ordinary 7,000 Accumulated other comprehensive income 30,000 If XYZ Co. omitted recording the share discount in the statement of financial position, what is the effect of omitting this item? A Equity attributable to owners will be understated by $15,000 B. Share capital will be understated by $15,000 Equity attributable to owners will be overstated by $15,000 OD. No effect Moving to another question will save this response. Question 1 of 100 ENG