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Apps Question 2 View Policies Current Attempt in Progress The following items were taken from the financial statements of P. Cullumber Company. (All amounts are
Apps Question 2 View Policies Current Attempt in Progress The following items were taken from the financial statements of P. Cullumber Company. (All amounts are in thousands.) Long-term debt Prepaid insurance $1,100 Accumulated depreciation-equipment $5,400 990 Accounts payable 1,800 11,100 Notes payable (due after 2021) 300 Equipment Stock investments (long-term) 300 Owner's capital 13.790 Debt investments (short-term) 3.200 Accounts receivable 2.200 Notes payable (due in 2021) 2,000 400 Inventory 3,000 Cash Prepare a classified balance sheet in good form as of December 31, 2020. (List Current Assets in order of liquidity. Enter amounts in thousands.) P. CULLUMBER COMPANY Balance Sheet Prepare a classified balance sheet in good form as of December 31, 2020. (List Current Assets in order of Nudity Enter amounts in thousands P. CULLUMBER COMPANY Balance Sheet (in thousands) Assets Tilstadt Apps Liabilities and Owner's Equity Attempts: 0 of Setor Lite
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