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The following information is available for Elwes Company for the year ended December 31, 2018: Accounts payable Accumulated depreciation - equipment Common Stock Retained earnings

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The following information is available for Elwes Company for the year ended December 31, 2018: Accounts payable Accumulated depreciation - equipment Common Stock Retained earnings Intangible assets Notes payable (due in 5 years) Accounts receivable Cash Short-term investments Equipment Long-term investments $3,800 4.000 5.000 4,300 2,300 5,000 1.500 2,800 1,000 8,800 5,700 Use the above information to prepare a classified balance sheet for the year ended December 31, 2018. (List Current Assets in order of liquidity.) ELWES COMPANY Balance Sheet Meremher 31 2018 Assets Current Assets Cash Short-Term Investment Accounts Receivable Total Current Assets 2800 1000 1500 5300 5700 4800 Long-Term Investment Dronertu plant and Fouinment Equipment 8800 Tess : Accumulated Depreciation-Equipn 4000 Intangible Assets Total Assets Liabilities and Stockholders' Equity Current liabilities Accounts Payable 3800 Non-current liabilities Notes Payable 5000 2300 18100 $ Stockholders' Equity Common Stock Retained Earnings Total Storkholders' Fruits Total liabilities and Stockholders' Fautu 4300 9300 18100 Y

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