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These items are taken from the financial statements of Carla Vista Co. at December 31, 2022. Buildings $124,844 Accounts receivable 14,868 Prepaid insurance 3,776 Cash
These items are taken from the financial statements of Carla Vista Co. at December 31, 2022. Buildings $124,844 Accounts receivable 14,868 Prepaid insurance 3,776 Cash 13,971 Equipment 97,232 Land 72,216 Insurance expense 920 Depreciation expense 6,254 Interest expense 3,068 Common stock 70,800 Retained earnings (January 1, 2022) 47.199 Accumulated depreciation-buildings 53,808 Accounts payable 11,210 Notes payable 110,448 Accumulated depreciation-equipment 22,090 Interest payable 4,248 Service revenue 17,346 Prepare a classified balance sheet. Assume that $16,048 of the note payable will be paid in 2023. (List Current Assets in order of liquidity and Property Plant and Equipment in order of Lond, Buildings and Equipment) CARLA VISTA CO Balance Sheet Assets Liabilities and Stockholders' Equity $
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