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The following items were taken from the financial statements of Bramble Company. (All amounts are in thousands.) 1,700 Long-term debt $900 Accumulated depreciation-equipment $5,600 Prepaid
The following items were taken from the financial statements of Bramble Company. (All amounts are in thousands.) 1,700 Long-term debt $900 Accumulated depreciation-equipment $5,600 Prepaid insurance 800 Accounts payable Equipment 11,600 Notes payable (due after 2020) 500 Stock investments (long-term) 200 Common stock 9,600 Debt investments (short-term) 4,000 Retained earnings 3,200 Notes payable (due in 2020) 600 Accounts receivable 1,300 Cash 2,900 Inventory 1,300 Prepare a classified balance sheet in good form as of December 31, 2019. (Enter amounts in thousands. List Current Assets in order of liquidity.) Bramble Company Balance Sheet December 31, 2019 Assets Current Assets Cash Prepaid Insurance Accounts Receivable nventory Debt Investments otal Current Assets Long-term Investments Property, Plant and Equipment Equipment ess Accumulated Depreciation Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Accounts Payable Notes Payable Total Current Liabilities long-term Liabilities Long-Term Debt Notes Payable otal Long-term Liabilities otal Liabilities Stockholders' Equity Share Capital Total Stockholders' Equity Total Liabilities and Stockholders' Equity
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