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Runner Corporation reports the following selected accounts (in thousands) at December 31, 2018: Accounts payable $1,974 Income tax receivable $89 Accounts receivable, gross 1,628 Interest
Runner Corporation reports the following selected accounts (in thousands) at December 31, 2018:
Accounts payable | $1,974 | Income tax receivable | $89 | |||
Accounts receivable, gross | 1,628 | Interest revenue | 109 | |||
Accumulated depreciationbuildings | 952 | Inventory | 1,914 | |||
Accumulated depreciationequipment | 478 | Land | 1,047 | |||
Allowance for doubtful accounts | 35 | Notes receivable (current) | 2,491 | |||
Bad debts expense | 125 | Notes receivable (non-current) | 105 | |||
Buildings | 2,734 | Sales | 12,717 | |||
Cash | 568 | Sales discounts | 339 | |||
Cost of goods sold | 9,769 | Supplies | 90 | |||
Equipment | 755 | |||||
Held for trading investments | 186 |
Prepare the assets section of Runners statement of financial position
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