Solution-Investments in short-term government securities

Investments in short-term government securities

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Reference no: EM13499968

Using the following data, prepare a classified balance sheet for Blanchard Company as of December 31, 2010.

Cash
$ 200

Accumulated Depreciation- Building

$ 1,000
Investments in Short-Term Government Securities
400

Franchise
1,800
Accounts Receivable
800

Accounts Payable
1,600
Inventory
3,000

Revenues Received in Advance
400
Prepaid Rent
100

Notes Payable (in two years)
4,000
Investment in Land Held for future use
2,700

John Blanchard, Capital
12,000
Land
2,000

Building
8,000

Reference no: EM13499968

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Investments in short-term government securities

Reference no: EM13499968

Reference no: EM13499968

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