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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.) $ 900 $
The following items were taken from the financial statements of J. Sandhill Company on December 31, 2021. (All amounts are in thousands.) $ 900 $ 5,525 840 1.424 11.440 380 Long-term debt Prepaid insurance Equipment Long-term investments Short-term investments Notes payable (due in 2022) Accumulated depreciation-equipment Accounts payable Notes payable (due after 2022) J. Sandhill, capital Accounts receivable Merchandise inventory 134 12.315 3,620 1.196 450 1.196 Cash 2.568 Prepare a classified balance sheet in good formas at December 31, 2021. (List Current Assets in order of liquidity) J. SANDHILL COMPANY Balance Sheet December 31, 2021 (in thousands) Assets to search 8C Cloudy ORI PrtSco Home T9 End DIT 510 3 3. F FS 16 Assets Current Assets Cash 2568 Accounts Receivable 1196 Merchandise Inventory 1.196 Short-term investments w 3.620 340 Prepaid Insurance 134 Long term Investments Property. Plant, and Equipment Equipment $ ING D B'C Cloudy 1 o ! E o search End PgUp PrtScn Home 1 $10 (0) 19 x FG Liabilities and Owner's Equity $ EN 2:18 20211 8'C Cloudy O E AH ED Type here to search PgUp Pige End Prtsen Home ES dx 5 13 13 & $ % 8 9 0
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