The following data pertain to Kyoto Corporation: Accounts Payable, 51,000; Accounts Receivable, LO 5 Classified Balance Sheet Preparation 38,000; Accumulated Depreciation, Building, 14,000; Accumulated Depreciation, Equipment, 17,000 ; Bonds Payable, 60,000 ; Building, 70,000; Cash, 31,200 ; Share Capital-10,000 shares authorised, issued, and outstanding, 100,000 ; Copyright, 6,200 ; Equipment, 152,000; Inventory, 40,000 ; Investment in Corporate Securities (long-term), 20,000; Investment in Six-Month Government Securities, 16,400; Land, 8,000; Share Premium, 50,000; Prepaid Rent, 1,200; Retained Earnings, 88,200; and Revenue Received in Advance, 2,800.

Prepare a classified balance sheet at December 31, 20xx.

LO 6 Classification of Accounts: