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please solve The following items were taken from the financial statements of Concord Company. (All amounts are in thousands.) Long-term debt $ 5,600 1.900 500
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The following items were taken from the financial statements of Concord Company. (All amounts are in thousands.) Long-term debt $ 5,600 1.900 500 Prepaid insurance Equipment Stock investments (long-term) Debt investments (short-term) Notes payable (due in 2023) Cash $ 900 Accumulated depreciation-equipment 850 Accounts payable 11,400 Noteshayable (due after 2023) 400 Common stock 3,800 Retained earnings 500 Accounts receivable 2,900 Inventory 9.750 3,600 2,100 1,300 Prepare a classified balance sheet in good form as of December 31, 2022. (Enter amounts in thousands. List Current Assets in liquidity) Concord Company Balance Sheet December 31, 2022 Assets Current Assets Cash Accounts Receivable Prepaid Insurance Debt Investments Inventory Total Current Assets Long-term Investments Property. Plant and Equipment Equipment Less : Accumulated Depreciation Equipment Total Assets Liabilities and Stockholders' Equity Step by Step Solution
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