Problem
A list of financial statement items for oriole Corporation includes the following: account receivable $14400; cash $15200; inventory $7300 suppliers $5100; prepaid insurance $5600; accumulated depreciation-building $32800; accumulated depreciation-equipment $25100; building 109000, equipment $70500; and land $63500. Prepare the assets section of the statement of financial position.
List current assets in order liquidity. List properly, plant, and equipment in order of land building and equipment.