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Classified Balance Sheet The Cambridge Company collected the following information for the preparation of its December 31, 2013, classified balance sheet: Accounts Receivable $19,000 Property

Classified Balance Sheet The Cambridge Company collected the following information for the preparation of its December 31, 2013, classified balance sheet:

Accounts Receivable $19,000 Property Plant and Equipment $200,000
Cash 24,000 Inventory 65,000
Other Current Assets 34,000 Other Long-Term Assets 44,000
Accounts Payable 25,000 Common stock 109,000
Long-Term Liabilities 59,000 Retained Earnings ?
Other Current Liabilities 22,000

Prepare a classified balance sheet for Cambridge Company.

Cambridge Company

Balance Sheet

December 31, 2013

Assets

Liabilities & Stockholders Equity

Current assets

Current Liabilities

$

$

$

Other Current Liabilities

$

Inventory

$

Total Current Liabilities

$

$

Total Current Assets

$

Long Term Liabilities

$

Long term assets

Total long term liabilities

$

Property, Plant and Equipment

$

$

Total liabilities

$

Total Long term assets

$

Stockholders equity

$

$

Total stockholders Equity

$

Total assets

$

Total Liabilitiesand Stockholders equity

$

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