Question: Current Attempt in Progress The adjusted trial balance for Riverbed at December 31, 2019, contains the following accounts. Buildings Accounts Receivable Prepaid Insurance Cash Equipment


Current Attempt in Progress The adjusted trial balance for Riverbed at December 31, 2019, contains the following accounts. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Debit $127,600 14,100 4.700 18,500 62.900 67,600 600 7.200 2,200 $305,400 Common Stock Retained Earnings Accumulated Depreciation - Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Service Revenue Credit $93,300 26,300 42,600 11,000 97,300 17,300 2,200 15,400 $279.100 Prepare a classified balance sheet: assume that $22,000 of the note payable will be paid in 2020. (List Property.plant and equipment in order of land, buildings and equipment List Current Assets in order of liquidity) Riverbed Balance Sheet Assets $ $ Liabilities and Stockholders' Equity $ e Textbook and Media List of Accounts By how much does current assets exceed current liabilities? Current assets exceed current liabilities by $ What percentage of current assets are in the form of cash? (Round answer to 2 decimal places, eg. 15.25%.) Percentage of current assets in the form of cash %. Determine the company's liquidity. The company's liquidty appears to be e Texthook and Media
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