Ryan Newton recently received the following information related to Ryan Companys December 31, 2014, balance sheet. Inventory

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Ryan Newton recently received the following information related to Ryan Company’s December 31, 2014, balance sheet.

Inventory ...............$ 2,900

Cash ................. 4,300

Equipment .............. 21,700

Stock investments (long-term) ....... 6,500

Debt investments (short-term) ........ $1,200

Accumulated depreciation ......... 5,700

Accounts receivable ............ 4,300

Prepare the assets section of Ryan Company’s classified balance sheet.


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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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