12 Pythagoras Company

Statement of Financial Position

As of December 31, 2023

ASSETS LIABILITIES
Current Assets Current Liabilities
Cash and cash equivalents ₱ 8,500.00 Accounts payable ₱ 6,300.00
Accounts receivable ₱ 12,300.00 Short-term debt ₱ 4,000.00
Inventory ₱ 5,700.00 Accrued liabilities ₱ 2,200.00
Prepaid Expenses ₱ 900.00 Current portion of long-term debt ₱ 1,500.00
Total Current Assets ₱ 27,400.00 Total Current Liabililties ₱ 14,000.00

Noncurrent Assets Noncurrent Liabilities

Property, plant, & equipment (net) ₱ 15,200.00 Long-term debt ₱ 10,000.00
Intangible assets ₱ 3,800.00 Deferred Tax liabilities ₱ 800.00
Long-term investments ₱ 6,000.00 Pension liabilities ₱ 3,200.00
Deferred tax assets ₱ 1,200.00 Total Noncurrent Liabilities ₱ 14,000.00
Total Noncurrent Assets ₱ 26,200.00
TOTAL LIABILITIES ₱ 28,000.00
TOTAL ASSETS ₱ 53,600.00
EQUITY
Common stock ₱ 10,000.00
Retained earnings ₱ 8,600.00
Additional paid-in capital ₱ 4,000.00
Other comprehensive income ₱ 3,000.00

TOTAL EQUITY ₱ 25,600.00

TOTAL LIABILITIES & EQUITY ₱ 53,600.00