Reference no: EM13875939
Prepare a classified balance sheet in report form. For assets, use the classifications of current assets, plant and equipment, intangibles, and other assets. For liabilities, use the classifications of current liabilities and long-term liabilities.
Barbie Inc. Dec 31, 2013 information
Common stock, authorized 21,000 shares at $1 par
value, issued 10,000 shares $10,000
Additional paid-in capital 38,000
Cash 13,000
Marketable securities 17,000
Accounts receivable 26,000
Accounts payable 15,000
Current maturities of long-term debt 11,000
Mortgages payable 80,000
Bonds payable 70,000
Inventory 30,000
Land and buildings 57,000
Machinery and equipment 125,000
Goodwill 8,000
Patents 10,000
Other assets 50,000
Deferred income taxes (long-term liability) 18,000
Retained earnings 33,000
Accumulated depreciation 61,000
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