Question: CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER Exercise 4-16 The following items were taken from the financial statements of Pina Colada Company. (All am
CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER Exercise 4-16 The following items were taken from the financial statements of Pina Colada Company. (All am thousands.) Long-term debt $1,000 Accumulated depreciation-equipment $5,500 Prepaid insurance 920 Accounts payable 1,500 Equipment 11,500 Notes payable (due after 2020) 300 Stock investments (long-term) 300 Common stock 11,565 Debt investments (short-term) 4,100 Retained earnings 2,955 Notes payable (due in 2020) Cash 400 2,100 Inventory Accounts receivable 2,100 2,200 Prepare a classified balance sheet in good form as of December 31, 2019. (Enter amounts in List Current Assets in order of liquidity.) Pina Colada Company Balance Sheet Assets
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