Question
PLEASE HELP ASAP Statement of financial position items for Bridgeport Inc. follow for the current year, 2023: Goodwill Bank loan Bonds payable due 2027 Cash
PLEASE HELP ASAP Statement of financial position items for Bridgeport Inc. follow for the current year, 2023:
Goodwill
Bank loan
Bonds payable due 2027
Cash
Land
Notes receivable
Notes payable
Accounts payable
Retained earnings
Income tax receivable
Notes payable (due in five years)
$110,000
156,280
252,600
316,800
422,400
392,216
233,200
431,200
?
85,914
1,408,000
Accumulated depreciation-equipment
inventory
Rent payable
Income tax payable
Rent payable (long-term)
Common shares (20,000 shares issued)
Preferred shares (15,000 shares issued)
Prepaid expenses
Equipment
FV-NI investments
Accumulated depreciation-buildings
Buildings
$256,960
211.024
39,600
86,559
422,400
176,000
132,000
77,370
1,293,600
106,480
237.776
1,443,200
(a)
Prepare a classified statement of financial position in good form. The numbers of authorized shares are as follows: unlimited common and 20,000 preferred. Assume that income tax accounts, notes receivable, bank loan, and notes payable are short term, unless stated otherwise and that the EV-NI investments are stated at fair value (list Current Assets in order of liauidity list Propertv Plant and
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