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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Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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