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These items are taken from the financial statements of Concord Corp. at December 31, 2025. $111,100 Buildings 13,200 Accounts receivable. 4,910 Prepaid insurance. 12,430
These items are taken from the financial statements of Concord Corp. at December 31, 2025. $111,100 Buildings 13,200 Accounts receivable. 4,910 Prepaid insurance. 12,430 Cash 86,500 Equipment Land 64,300 Office expense 610 Income tax expense 208 Depreciation expense 5,520 Interest expense 2,730 Common shares 65.100 Retained earnings (January 1, 2025) 42,000 Accumulated depreciation-buildings 47,900 Accounts payable 8,820 Income taxes payable 1,160 Bank loan payable (due July 1, 2027) 98,300 Ch 10123 in Q3 amount is paid not Question 2 of 3 C 9 15/3 6330 1340 AL300 Aud 2540 13790 147 S Can the seco Tesbick and Mod List of Accounts O 5770 T T 2 4 G 2 9 N M Attempts 9 (b) Prepare a classified statement of financial position. Assume that $14,300 of the bank loan payable will be paid in 2026. (List Property, Plant and Equipment in order of Land, Buildings and Equipment. List Current Assets in order of liquidity.) CONCORD CORP. Statement of Financial Position Assets Liabilities and Shareholders' Equity eTextbook and Media
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