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The following information is available for Dysoni Ltd. At December 31, 2022: Accounts payable............. $14,500 Accounts receivable..... 2,500 Accumulated amortization, patents 3,500 Accumulated depreciation, equipment
The following information is available for Dysoni Ltd. At December 31, 2022: Accounts payable............. $14,500 Accounts receivable..... 2,500 Accumulated amortization, patents 3,500 Accumulated depreciation, equipment 3,000 Retained earnings 6,400 Cash ............ 41.900 Common shares 40,000 Equipment ...... 3.500 15.000 Long-term investments 500 Bank loan payable (due in 5 years) 4.200 Patents............ 5,500 Trading investments 2,700 Land ........... . Instructions Use the above information to prepare a classified statement of financial position at December 31, 2022
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