Question: The same length of blank space has the same answer options which I posted down there. These items are taken from the financial statements of





The same length of blank space has the same answer options which I posted down there.
These items are taken from the financial statements of Bridgeport Corp. at December 31, 2018. Buildings $ 95,220 Accounts receivable 11,340 Prepaid insurance 4,212 Cash 10,656 Equipment 74,160 Land 55,080 Office expense 522 Income tax expense 180 Depreciation expense 4,770 Interest expense 2.340 Common shares 55,800 Retained earnings (January 1, 2018) 36,000 Accumulated depreciation-building 41,040 Accounts payable 7,560 Income taxes payable 990 Bank loan payable (due July 1, 2020) 84,240 Accumulated depreciation equipment 16,848 Interest payable 3,240 Sales 12,762 Prepare a classified statement of financial position. Assume that $10,880 of the bank loan payable will be paid in 2019. (List Property, plant and equipment in order of land, buildings BLUE SPRUCE CORP Statement of Financial Position Assets $ $ $ $ : $ Liabilities and Shareholders' Equity $ BRIDGEPORT CORP. Statement of Financial Position December 31, 2018 For the Month Ended December 31, 2018 For the Year Ended December 31, 2018 Current Assets Current Liabilities Non-Current Liabilities Property, Plant, and Equipment Shareholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Liabilities Total Liabilities and Shareholders' Equity Total Property, Plant, and Equipment Total Shareholders' Equity
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