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Chapter 4 - Wrap-up Assignment Using the following template, indicate using the letters indicated where each of the numbered items would appear on a December
Chapter 4 - Wrap-up Assignment Using the following template, indicate using the letters indicated where each of the numbered items would appear on a December 31, 2020 classified balance sheet. If a particular item does not appear on a balance sheet, indicate such with N/A. Assets Current Assets: Long Term Investments: Property, plant and Equipment: Intangible Assets: Other Assets: Total Assets Liabilities and Stockholders' Equity Liabilities: Current Liabilities: Long-Term Liabilities: Total Liabilities Stockholders' Equity: Total Stockholders' Equity Total Liabilities and Stockholders' Equity 1. Accounts Receivable 2. Accumulated Depreciation - Equipment 3. Cash and Cash Equivalent 4. Bonds, maturing in 2025 5. Deferred Tax Asset 6. Prepaid Insurance 7. Land purchased for it potential to appreciate in value 8. Common Stock 9. Deferred Revenue 10. Dividends 11. Patent 12. Deferred Revenue 13. Loss on the Sale of Discontinued Operations 14. Accounts Payable 15. Note Payable, maturing on January 31. 2021 16. Travel Advance to Employees, travel will occur during 2021 (hint : once the money has been spent on travel, it will be recognized as an expense 17. Supplies 18. Delivery Trucks 19. Common Stock of another company, with no plan to sell in the next year 20. Retained Earnings
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