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balance Sheet - statement of financial position 3. Accounts Payable $14,500 Accounts Receivable $2,500 Accumulated Amortization, patents $3,500 Accumulated Depreciation, equipment $3,000 Retained Earnings $6,400
balance Sheet - statement of financial position
3.
Accounts Payable | $14,500 |
Accounts Receivable | $2,500 |
Accumulated Amortization, patents | $3,500 |
Accumulated Depreciation, equipment | $3,000 |
Retained Earnings | $6,400 |
Cash | $41,900 |
Common Shares | $40,000 |
Equipment | $3,500 |
Land | $15,000 |
Long-term investments | $500 |
Bank loan payable (due in 5 years) | $4,200 |
Patents | $5,500 |
Short-term (trading) investments | $2,700 |
Please make a balance sheet ;The following information is available for Jordi Ltd. at December 31, 2017:
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