Assignment 04 Question 4 of 6 -/6 View Policies Current Attempt in Progress The adjusted trial balance for Novak Bowling Alley at December 31, 2020, contains the following accounts (amounts in thousands). Debits Credits Buildings 123,648 Share Capital-Ordinary 96,000 Accounts Receivable 13,936 Retained Earnings 12.480 Prepaid Insurance 4,496 40.896 Accumulated Depreciation-Buildings Accounts Payable Cash 17,320 11.808 Equipment 59.904 Notes Payable 93,872 Land 62.400 Accumulated Depreciation-Equipment 17.968 Insurance Expense 752 Interest Payable 3.648 Depreciation Expense 7.064 Service Revenue 16,496 Interest Expense 3,648 Y293,168 Y293,168 (a) Prepare a classified statement of financial position; assume that 28,800 of the note payable will be paid in 2021. (List Current Assets in the reverse order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.) NOVAK BOWLING ALLEY Statement of Financial Position Assignment 04 Question 4 of 6 - /6 Assets Assignment 04 Question 4 of 6 - / 6 NOVAK BOWLING ALLEY Statement of Financial Position Assets Assignment 04 Question 4 of 6 - /6 Equity and Liabilities