The following items were taken from the financial statements of Rivera Company. (All dollars are in...

 

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The following items were taken from the financial statements of Rivera Company. (All dollars are in thousands.) Mortgage payable Prepaid expenses Property, plant, and equipment Long-term investments Short-term investments Notes payable due in 2017 Cash $ 2,340 980 11,500 1,300 3,690 1,000 2,750 Accumulated depreciation Accounts payable Notes payable due after 2017 Owner's capital Accounts receivable Inventories 3,560 1.555 1,200 14,026 1,696 1,765 Instructions Prepare a classified balance sheet in good form as of December 31, 2016. The following items were taken from the financial statements of Rivera Company. (All dollars are in thousands.) Mortgage payable Prepaid expenses Property, plant, and equipment Long-term investments Short-term investments Notes payable due in 2017 Cash $ 2,340 980 11,500 1,300 3,690 1,000 2,750 Accumulated depreciation Accounts payable Notes payable due after 2017 Owner's capital Accounts receivable Inventories 3,560 1.555 1,200 14,026 1,696 1,765 Instructions Prepare a classified balance sheet in good form as of December 31, 2016.