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The Pharoah's Corner, a company that sells video games and related items, had...

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Accounting

The Pharoah's Corner, a company that sells video games and related items, had the following account balances at the end of June 2024:
Cost of goods sold $97,500
Common shares
34,100
Advertising expense 5,200
Equipment 17,500
Depreciation expense 1,750
Dividends declared 3,410
Accounts payable 12,500
Inventory 29,300
Wages expense 34,400
Sales revenue
191,600
Accounts receivable 10,500
Rent expense 12,800
Cash 46,240
Prepaid rent 4,300
Wages payable 3,000
Retained earnings (as at July 1,2023)21,700 Prepare a classified statement of financial position as at June 30,2024.(List Current assets in order of liquidity.)

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