Question
(Please do not say this is missing information or graph or link or anything else. THis is all i got) The following items were taken
(Please do not say this is missing information or graph or link or anything else. THis is all i got)
The following items were taken from the financial statements of J. Sunland Company on December 31, 2017. (All amounts are in thousands.)
Long-term debt$1,060Accumulated depreciationequipment$5,655Prepaid insurance800Accounts payable1,554Equipment11,440Notes payable (due after 2018)380Long-term investments134J. Sunland, capital12,385Short-term investments3,740Accounts receivable1,586Notes payable (due in 2018)460Merchandise inventory1,246Cash2,548
Prepare classified balance sheet in good form as at December 31, 2017.(List Current Assets in order of liquidity.)
J. SUNLAND COMPANY
Balance Sheet
December 31, 2017
For the Year Ended December 31, 2017
For the Month Ended December 31, 2017
(in thousands)
Assets
Current Assets
Current Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant, and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
Accounts Receivable
Account Payable
Accumulated Depreciation-Equipment
Cash
Equipment
J. Sunland, Capital
Long-term Debt
Long-term Investments
Merchandise Inventory
Notes Payable
Prepaid Insurance
Short-term Investments
Supplies
$
Accounts Receivable
Account Payable
Accumulated Depreciation-Equipment
Cash
Equipment
J. Sunland, Capital
Long-term Debt
Long-term Investments
Merchandise Inventory
Notes Payable
Prepaid Insurance
Short-term Investments
Supplies
Accounts Receivable
Account Payable
Accumulated Depreciation-Equipment
Cash
Equipment
J. Sunland, Capital
Long-term Debt
Long-term Investments
Merchandise Inventory
Notes Payable
Prepaid Insurance
Short-term Investments
Supplies
Accounts Receivable
Account Payable
Accumulated Depreciation-Equipment
Cash
Equipment
J. Sunland, Capital
Long-term Debt
Long-term Investments
Merchandise Inventory
Notes Payable
Prepaid Insurance
Short-term Investments
Supplies
Accounts Receivable
Account Payable
Accumulated Depreciation-Equipment
Cash
Equipment
J. Sunland, Capital
Long-term Debt
Long-term Investments
Merchandise Inventory
Notes Payable
Prepaid Insurance
Short-term Investments
Supplies
Current Assets
Current Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant, and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
Current Assets
Current Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant, and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
Accounts Receivable
Account Payable
Accumulated Depreciation-Equipment
Cash
Equipment
J. Sunland, Capital
Long-term Debt
Long-term Investments
Merchandise Inventory
Notes Payable
Prepaid Insurance
Short-term Investments
Supplies
Current Assets
Current Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant, and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
Accounts Receivable
Account Payable
Accumulated Depreciation-Equipment
Cash
Equipment
J. Sunland, Capital
Long-term Debt
Long-term Investments
Merchandise Inventory
Notes Payable
Prepaid Insurance
Short-term Investments
Supplies
$
Add
Less
:
Accounts Receivable
Account Payable
Accumulated Depreciation-Equipment
Cash
Equipment
J. Sunland, Capital
Long-term Debt
Long-term Investments
Merchandise Inventory
Notes Payable
Prepaid Insurance
Short-term Investments
Supplies
Current Assets
Current Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant, and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
$
Liabilities and Owner's Equity
Current Assets
Current Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant, and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
Accounts Receivable
Account Payable
Accumulated Depreciation-Equipment
Cash
Equipment
J. Sunland, Capital
Long-term Debt
Long-term Investments
Merchandise Inventory
Notes Payable
Prepaid Insurance
Short-term Investments
Supplies
$
Accounts Receivable
Account Payable
Accumulated Depreciation-Equipment
Cash
Equipment
J. Sunland, Capital
Long-term Debt
Long-term Investments
Merchandise Inventory
Notes Payable
Prepaid Insurance
Short-term Investments
Supplies
Current Assets
Current Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant, and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
Current Assets
Current Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant, and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
Accounts Receivable
Account Payable
Accumulated Depreciation-Equipment
Cash
Equipment
J. Sunland, Capital
Long-term Debt
Long-term Investments
Merchandise Inventory
Notes Payable
Prepaid Insurance
Short-term Investments
Supplies
$
Accounts Receivable
Account Payable
Accumulated Depreciation-Equipment
Cash
Equipment
J. Sunland, Capital
Long-term Debt
Long-term Investments
Merchandise Inventory
Notes Payable
Prepaid Insurance
Short-term Investments
Supplies
Current Assets
Current Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant, and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
Current Assets
Current Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant, and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
Current Assets
Current Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant, and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
Accounts Receivable
Account Payable
Accumulated Depreciation-Equipment
Cash
Equipment
J. Sunland, Capital
Long-term Debt
Long-term Investments
Merchandise Inventory
Notes Payable
Prepaid Insurance
Short-term Investments
Supplies
Current Assets
Current Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant, and Equipment
Owner's Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Owner's Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Owner's Equity
$
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Accounting Volume 2
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
2nd Canadian edition
176501452, 978-0176501457, 978-0176509743
