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Prepare the asset section of majan company balance sheet

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Reference no: EM132790098

Majan company received the following information that related to December 31,2020, balance sheet.
Inventory OMR 4,400                              cash OMR 900

Account receivable OMR 2,100             Accumulated depreciation- equipment OMR 3,700

Equipment OMR 11,700                    prepaid insurance OMR 3,300

Prepaid rent OMR 2,000                    unearned revenue OMR 3,000

Problem 1: Prepare the asset section of Majan Company's balance sheet.

Reference no: EM132790098

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