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CALCULATOR FUILL SCREEN PRINTER VERS Exercise 4-16 The following items were taken from the financial statements of P. Jimenez Company. (All amounts are in thousands.)

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CALCULATOR FUILL SCREEN PRINTER VERS Exercise 4-16 The following items were taken from the financial statements of P. Jimenez Company. (All amounts are in thousands.) Long-term debt $1,000 Accumulated depreciation $5,655 1,214 400 12,955 1,696 1,256 Prepaid insurance Equipment Stock investments (Iong- 650 Accounts payable Notes payable (due after 2021) 11,500 264 Owner's capital term) Debt investments (short- 3,690 Accounts receivable term) Notes payable (due in 2021) Cash 500 Inventory 2,668 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. JIMENEZ COMPANY Balance Sheet Assets CALCUL Liabilities and Owner's Equity SHOW LIST OF ACCOUNTS

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