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The following information is available for The Eagles Company for the year ended December 31, 2020: Accounts payable7,000 Stock investments (long-term)9,400 Accumulated depreciation, building6,000 Retained
The following information is available for The Eagles Company for the year ended December 31, 2020:
Accounts payable7,000
Stock investments (long-term)9,400
Accumulated depreciation, building6,000
Retained earnings18,000
Common stock4,800
Intangible assets2,500
Notes payable (due in 5 years)103,000
Accounts receivable2,800
Cash2,600
Debt investments (short-term)3,000
Land12,000
Building106,500
Please use the above information to prepare classified balance sheet for the year ended December 31, 2020.
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