Problem 3-2 Balance sheet preparation; missing elements [LO3-2, 3-3]

The data listed below are taken from a balance sheet of Trident Corporation at December 31, 2018. Required: 1. Determine the missing amounts. 2. Prepare Trident's classified balance sheet.

1-

Determine the missing amounts. (Enter the answers in thousands of dollars.)

	($ in 000s)
Cash and cash equivalents	$241,286
Short-term investments	356,700
Accounts receivable (net of allowance)	507,944
Inventories
Prepaid expenses (current)	86,259
Total current assets	1,624,927
Long-term receivables	113,800
Property and equipment (net)
Total assets
Notes payable and short-term debt	34,116
Accounts payable
Accrued liabilities	424,772
Other current liabilities	184,604
Total current liabilities	696,564
Long-term debt and deferred taxes
Total liabilities	986,140
Shareholders' equity	1,400,627

2-

TRIDENT CORPORATION
Balance Sheet ($ in 000s)
At December 31, 2018
	0
	$0
	0
	0
	$0