Problem 4 1 Preparing a balance sheet (LO4 1) Ricky Corporation had the following alphabetical account balance listing at December 31, 20X1(in thousands of dollars) Debit Credit Accounts payable $ 9,224 Accounts receivable $ 3,248 Accrued liabilities 12,226 Accumulated depreciationbuildings 6,028 Accumulated depreciationfurniture and office equipment 322 Accumulated depreciationland improvements 862 Accumulated depreciationmachinery and equipment 19,664 Additional paid in capital 1,584 Allowance for uncollectible accounts 14 Bonds payable 1,358 Buildings 19,950 Cash 354 Common stock 960 Deferred revenues (current) 188 Deferred revenues (noncurrent) 2,768 Furniture and office equipment 634 Income taxes payable 1,888 Inventories 15,152 Investment (noncurrent) 10,816 Land 536 Land improvements 1,438 Leasehold improvements (net of amortization) 44 Machinery and equipment 28,868 Notes payable (long term) 600 Notes receivable (Due June 15, 20X2) 8,014 Preferred stock 566 Prepaid expenses 1,458 Retained earnings Short term investments 7,754 Special tools 1,984 Required Prepare a balance sheet for Ricky Corporation at December 31, 20X1 (Amounts to be deducted should be indicated by a minus sign Enter your answers in thousands )

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Problem 4-1 Preparing a balance sheet (LO4-1) Ricky Corporation had the following alphabetical account balance listing at December 31, 20X1(in thousands of dollars). Debit Credit

Problem 4-1 Preparing a balance sheet (LO4-1)

Ricky Corporation had the following alphabetical account balance listing at December 31, 20X1(in thousands of dollars).

		Debit		Credit
Accounts payable			$	9,224
Accounts receivable	$	3,248
Accrued liabilities				12,226
Accumulated depreciationbuildings				6,028
Accumulated depreciationfurniture and office equipment				322
Accumulated depreciationland improvements				862
Accumulated depreciationmachinery and equipment				19,664
Additional paid-in capital				1,584
Allowance for uncollectible accounts				14
Bonds payable				1,358
Buildings		19,950
Cash		354
Common stock				960
Deferred revenues (current)				188
Deferred revenues (noncurrent)				2,768
Furniture and office equipment		634
Income taxes payable				1,888
Inventories		15,152
Investment (noncurrent)		10,816
Land		536
Land improvements		1,438
Leasehold improvements (net of amortization)		44
Machinery and equipment		28,868
Notes payable (long-term)				600
Notes receivable (Due June 15, 20X2)		8,014
Preferred stock				566
Prepaid expenses		1,458
Retained earnings				?
Short-term investments		7,754
Special tools		1,984

Required: Prepare a balance sheet for Ricky Corporation at December 31, 20X1. (Amounts to be deducted should be indicated by a minus sign. Enter your answers in thousands.)