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Instructions Prepare a classified balance sheet in good form as of December 31, 2020. (Not all items listed are needed to complete this problem.) Upload

Instructions Prepare a classified balance sheet in good form as of December 31, 2020. (Not all items listed are needed to complete this problem.) Upload your completed template when you are finished.

Bonds payable(due 2024)

$1,443

Accumulated depreciation-equipment $3,655
Prepaid insurance 880 Accounts payable 1,444
Equipment 11,500 Notes payable (due 2025) 368
Long-term investments 764 N. Richman, Capital 15,563
Short-term investments 3,690 Accounts receivable 2,696
Notes payable (due 2021) 981 Inventory 1,756
Cash 3,168 Consulting revenues 17,500
Salaries expense 7,225 Rent expense 4,500
Unearned revenue 2,000 Copyrights 1,000

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