[Steps Shown] Create a statement of financial position for an organization with the following current balances (note: it is up to you to properly sort assets and
Question: Create a statement of financial position for an organization with the following current balances (note: it is up to you to properly sort assets and liabilities; all assets/liabilities listed are current assets/liabilities):
- Cash - $25,000
- Marketable securities - $10,000
- Salaries payable - $20,000
- Prepaid expenses - $5,000
- Accounts payable - $15,000
- Mortgage payable - $10,000
- Pledges receivable - $7,500
- Accounts receivable - $5,000
- Supplies inventory - $1,500
- Deferred revenue - $12,500
Deliverable: Word Document 
(See) For each scenario below, using straight-line depreciation,
![[See Steps] Create a statement of financial](/images/solutions/MC-solution-library-76626.jpg "[See Steps] Create a statement of financial position for an organization")
[See Steps] Create a statement of financial position for an organization
![[Step-by-Step] Assuming that assets which can quickly](/images/solutions/MC-solution-library-76627.jpg "[Step-by-Step] Assuming that assets which can quickly be changed")
[Step-by-Step] Assuming that assets which can quickly be changed
![[Solution] In your own words, briefly explain](/images/solutions/MC-solution-library-76628.jpg "[Solution] In your own words, briefly explain the following: Why")
[Solution] In your own words, briefly explain the following: Why
(Solution Library) In your own words, briefly explain each of
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