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The following items were taken from the financial statements from London Company at December 31, 2015 Accounts Investments in bonds Share capital ordinary Current tax

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The following items were taken from the financial statements from London Company at December 31, 2015 Accounts Investments in bonds Share capital ordinary Current tax payable Investments in capital shares Retained earnings Land Bonds payable (due 2025) Notes payable (short term) Buildings Accounts payable Accumulated Depreciation Buildings Accumulated Depreciation Equipment Equipment Trading securities Franchise Patent Inventories Allowance for doubtful accounts Cash Accounts receivable 299,000 1000,000 500,000 277,000 500,000 260,000 500,000 1000,000 1,040,000 276.000 352,000 60,000 600,000 153,000 160,000 195.000 597,000 25,000 197000 435,000 Instructions Prepare a classified balance sheet as of December 31, 2015

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