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The following items were taken from the financial statements of Marigold Company. (All amounts are in thousands.) Long-term debt $1,100 Accumulated depreciationequipment $5,600 Prepaid insurance
The following items were taken from the financial statements of Marigold Company. (All amounts are in thousands.)
Long-term debt | $1,100 | Accumulated depreciationequipment | $5,600 | |||
Prepaid insurance | 850 | Accounts payable | 1,100 | |||
Equipment | 11,000 | Notes payable (due after 2020) | 300 | |||
Stock investments (long-term) | 300 | Common stock | 11,850 | |||
Debt investments (short-term) | 3,600 | Retained earnings | 2,000 | |||
Notes payable (due in 2020) | 400 | Accounts receivable | 2,000 | |||
Cash | 2,900 | Inventory | 1,700 |
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