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Required 1 Required 2 Prepare Trident's classified balance sheet. Note: Enter the answers in thousands of dollars. TRIDENT CORPORATION Balance Sheet ($ in 000s)
Required 1 Required 2 Prepare Trident's classified balance sheet. Note: Enter the answers in thousands of dollars. TRIDENT CORPORATION Balance Sheet ($ in 000s) At December 31, 2024 Current assets: Total current assets Investments: Property, plant, and equipment: Total assets Current liabilities: Assets Liabilities and Shareholders' Equity $ 0 Total current liabilities 0 Long-term liabilities: The data listed below are taken from a balance sheet of Trident Corporation at December 31, 2024. Required: 1. Determine the missing amounts. 2. Prepare Trident's classified balance sheet. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the missing amounts. Note: Enter the answers in thousands of dollars. Cash and cash equivalents Short-term investments ($ in 000s) $ 239,186 353,700 504,944 Accounts receivable Inventory Prepaid expenses (current) 83,259 Total current assets 1,594,927 Long-term receivables 110,800 Equipment (net) Total assets Notes payable (current) 31,116 Accounts payable Accrued liabilities 421,772 Other current liabilities 181,604 Total current liabilities 693,564 Long-term debt Total liabilities 956,140 Common stock 370,627 Retained earnings 1,000,000
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