Using the Excel template for question number 21 that you downloaded prior to starting this exam, prepare a classified balance sheet in good form for N. Richman Company. The following items were taken from the financial statements of N. Richman Company.

Instructions Prepare a classified balance sheet in good form as of December 31, 2020. (Not all items listed are needed to complete this problem.) Upload your completed template when you are finished.

problem.) Upload your completed template when you are finished. Bonds payable(due 2024) $12,500 Accumulated depreciation- equipment $4,750 Prepaid rent 1,500 Accounts payable 4,200 Equipment 26,500 8,000 Long-term investments 1,700 Notes payable (due 2025) N. Richman, Capital Accounts receivable 10,263 425 3,690 Supplies Notes payable (due 2021) 3,700 Inventory 11,756 Consulting Cash 4,000 17,500 revenues 4,500 Rent expense 7.225 Salaries expense Patents 1,300 7,458 Wages payable Exam 1 - Question #21 - Answer template 1 2 3 4 N. Richman Company Balance Sheet December 31, 2020 5 6 7 8 9 10 11 12 14 15 16 17 18 19 20 Sheet1 + Ready don.72 Exam 1 - Ques....xlsx Exam 1 - Ques...xlsx Project 1 (2).docx 16