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The following information is available for Riverbed at December 31, 2019 Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense
The following information is available for Riverbed at December 31, 2019 Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $129,900 Share Capital $100,000 29,070 42,570 11,700 97,600 78,000 Accumulated Depreciation-Equipment 18,650 2,350 14,330 14,580 4,760 17,740 60,800 Retained Earnings (beginning) Accumulated Depreciation-Buildings Accounts Payable Notes Payable 780 Interest Payable 7,360 Bowling Revenues 2,350 Prepare a classified statement of financial position. Assume that $14,200 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.) Riverbed Statement of Financial Position Assets Current Assets Accounts Receivable 14580 Cash
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