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Account Credit Debit Solve Cash 15,000 $ 5,800 950 550 45,500 2,900 7,900 Notes payable, due in 10 years Treasury stock at cost Accumulated other
Account Credit Debit Solve Cash 15,000 $ 5,800 950 550 45,500 2,900 7,900 Notes payable, due in 10 years Treasury stock at cost Accumulated other comprehensive income Current portion of long-term debt Property, plant, and equipment-net Investments in affiliate companies (noncurrent) Accounts receivable Bonds payable, due in 20 years Common stock, $1 par value Investments at fair value (available-for-sale) (noncurrent) Accounts payable Additional paid-in capital Dividends payable Intangible assets-net Merchandise inventory Income taxes payable Retained earnings 23,000 21,000 2,000 5,700 14,500 280 3,700 6,300 1,300 7,300 Ryan Company provided the following listing of the current year's post-closing account balances (Click the icon to view the financial data.) Ryan reported net income of $3,150 and declared dividends amounting to $550. Unrealized losses on the company's available-for-sale portfolio amounted to $360 for the current year. There are no other events that affect stockholders' equity. Requirement Prepare a classified balance sheet at December 31 of the current year. Begin by preparing the asset section of the balance sheet and then prepare the liabilities and stockholders' equity sections. (If a box is not used in the table leave the box empty: do not select a label or enter a zero.) Ryan Company Balance Sheet At December 31 Assets
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