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Current Attempt in Progress Presented below are a number of balance sheet items for Indigo, Inc. for the current year, 2020, $ 127.720 Accumulated Depreciation

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Current Attempt in Progress Presented below are a number of balance sheet items for Indigo, Inc. for the current year, 2020, $ 127.720 Accumulated Depreciation Equipment Goodwill Payroll Taxes Payable $ 292,380 180,311 Inventory 242,520 302.720 Rent payable (short-term) 47.720 Bonds payable Discount on bonds payable 15,380 Income taxes payable 101,082 Cash 362.720 Rent payable (long-term) 482,720 Land 482,720 Common stock $1 par value 202.720 448,420 Preferred stock, $10 par value Notes receivable Notes payable (to banks) 152,720 267,720 Prepaid expenses 90,640 Accounts payable 492,720 Equipment 1,472,720 Retained earnings ? Debt investments (trading) 123.720 Income taxes receivable 100,350 Accumulated Depreciation Buildings 270,580 Notes payable (long-term) 1,602,720 Buildings 1,642.720 IF Prepare a classified balance sheet in good form. Common stock authorized was 100.000 shares, and preferred stock authorized was 20.000 shares. Assume that notes receivable and notes payable are short-term, unless stated otherwise Cost and fair value of debt investments (trading) are the same. (List Current Assets in order of liquidity, List Property Plant and Equipment in order of Land Building and Equipment) INDIGO, INC. Balance Sheet Assets o - I Liabilities and Stockholders' Equity $

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