What will be the total assets to be reported on the statement of financial position ? PIRLA

What will be the total assets to be reported on the statement of financial position ?

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PIRLA LLC reports the following year-end trial balance (in SR): Debit Credit 4,500,000 Factory Accounts payable Accounts receivable Inventory Accumulated depreciation Prepaid expenses Capital Total 0 2,000,000 3,000,000 0 1,000,000 0 10,500,000 0 3,000,000 0 0 500,000 0 7,000,000 10,500,000 PIRLA LLC reports the following year-end trial balance (in SR): Debit Credit 4,500,000 Factory Accounts payable Accounts receivable Inventory Accumulated depreciation Prepaid expenses Capital Total 0 2,000,000 3,000,000 0 1,000,000 0 10,500,000 0 3,000,000 0 0 500,000 0 7,000,000 10,500,000

Answer rating: 100% (QA)

From the PIRALIC reports we will calculate the financial assets and liabilities by p... View the full answer