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These items are taken from the financial statements of Coronado Industries at December 31, 2017 Buildings $105,800 Accounts receivable 12,600 Prepaid insurance 3,200 Cash 11,840

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These items are taken from the financial statements of Coronado Industries at December 31, 2017 Buildings $105,800 Accounts receivable 12,600 Prepaid insurance 3,200 Cash 11,840 Equipment 82,400 Land 61,200 Insurance expense 780 Depreciation expense 5,300 Interest expense 2,600 Common stock 60,000 40,000 Retained earnings (January 1, 2017) Accumulated depreciation-buildings 45,600 Accounts payable 9,500 93,600 Notes payable Accumulated depreciation equipment 18,720 Interest payable 3,600 Service revenue 14.700 Prepare a classified balance sheet. Assume that $13,600 of the note payable will be paid in 2018. (List current assets in order of liquidity and property plant and equipment in order of land, buildings and equipment.) Coronado Industries Balance Sheet Assets uestion 2 of 3 -) = Liabilities and Stockholders' Equity $ List of Accounts Sove for Liner Attempts: 0 of 2 used Submit

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