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The following accounts and amounts (in thousands) were taken from the 2018 financial statements of Bramble Instruments, Inc. Common shares $2,610 Cash $1,090 Prepaid insurance

The following accounts and amounts (in thousands) were taken from the 2018 financial statements of Bramble Instruments, Inc.

Common shares $2,610 Cash $1,090 Prepaid insurance 960 Accumulated depreciation-equipment 4,000 Equipment 9,360 Accounts payable 1,345 Salaries payable 210 Mortgage payable (due 2028) 1,045 Inventory 2,110 Retained earnings 6,590 Held for trading investments 1,420 Accounts receivable 905 Income tax payable 45

Prepare a classified statement of financial position as at December 31, 2018. (List Current Assets in order of liquidity.)

BRAMBLE INSTRUMENTS INC. Statement of Financial Position December 31, 2018 (in thousands)
Assets

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