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The following items were taken from the financial statements of J. Sandhill Company on December 31, 2021. (All amounts are in thousands.) Long-term debt $910
The following items were taken from the financial statements of J. Sandhill Company on December 31, 2021. (All amounts are in thousands.) Long-term debt $910 Accumulated depreciation equipment $5,555 Prepaid insurance 880 Accounts payable 1,354 Equipment 11,530 Notes payable (due after 2022) 290 Long-term investments 194 J. Sandhill, capital 12,945 Short-term investments 3,790 Accounts receivable 1,276 1,276 490 Merchandise inventory Notes payable (due in 2022) Cash 2,598 Prepare a classified balance sheet in good form as at December 31, 2021. (List Current Assets in order of liquidity.) - PR RI Statements. Listed below are some selected accounts and their balances at June 30. Adjustments generally are done monthly, but no adjustments have been made for the month of June, 2021. Pina Colada has a May 31 year end. Pina Colada Supply Unadjusted Trial Balance (partial) June 30, 2021 Debit Credit Prepaid Insurance $2,940 Supplies 600 Vehicles 33,000 Accumulated Depreciation - Vehicles $8,600 Notes Payable 21,600 Unearned Revenue 1,500 Rent Revenue 143,000 Kamdhenu Satsa
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