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The following information is available for Pronghorn at December 31, 2019. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense
The following information is available for Pronghorn at December 31, 2019. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $129,100 Share Capital 14.570 Retained Earnings (beginning) 4,790 Accumulated Depreciation-Buildings 19.040 Accounts Payable 63,800 Notes Payable 66,000 Accumulated Depreciation-Equipment 780 Interest Payable 7,370 Bowling Revenues 3,050 $100,000 19,490 42,450 13.000 97,800 18,540 3,050 14.170 Prepare a classified statement of financial position. Assume that $15,100 of the notes payable will be paid in 2020. (List Current Assets in reverse order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.)
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