The adjusted trial balance for Tsai Bowling Alley at December 31, 2025, contains the following accounts (amounts in thousands).

Instructions

a. Prepare a classified statement of financial position; assume that ¥30,000 of the note payable will be paid in 2026.

b. Comment on the liquidity of the company.

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Debit Credit Buildings 128,800 Share Capital-Ordinary 100,000 Accounts Receivable 14,520 Retained Earnings 13,000 Prepaid Insurance 4,680 Accumulated Depreciation-Buildings 42,600 Cash 18,040 Accounts Payable 12,300 Equipment 62,400 Notes Payable 97,780 Land 65,000 Accumulated Depreciation-Equipment 18,720 Insurance Expense 780 Interest Payable 3,800 Depreciation Expense 7,360 Service Revenue 17,180 Interest Expense 3,800 305,380 305,380