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Your answer is partially correct. The following information is available for Marigold Bowling Alley at December 31, 2022. $129,000 14,460 4,800 $100,000 5,290 42,480 18,240
Your answer is partially correct. The following information is available for Marigold Bowling Alley at December 31, 2022. $129,000 14,460 4,800 $100,000 5,290 42,480 18,240 13,200 Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Share Capital Retained Earnings (beginning) Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Bowling Revenues 61,400 55,000 780 97,620 18,420 2,150 14,160 7,490 2,150 Prepare a classified statement of financial position. Assume that $14,200 of the notes payable will be paid in 2023. (List Current Assets in reverse order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.)
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