Question: View Policies Current Attempt in Progress The following items were taken from the financial statements of Blue Spruce Company. All amounts are in thousands.) Long-term

 View Policies Current Attempt in Progress The following items were taken

from the financial statements of Blue Spruce Company. All amounts are in

thousands.) Long-term debt $1000 Accumulated depreciation-equipment $5.000 Prepaid insurance 000 Accounts payable

View Policies Current Attempt in Progress The following items were taken from the financial statements of Blue Spruce Company. All amounts are in thousands.) Long-term debt $1000 Accumulated depreciation-equipment $5.000 Prepaid insurance 000 Accounts payable 1.800 Equipment 11.300 Notes payable (due after 2020) 500 Stockinvestments (long-term) 300 Common stock 9.135 Debt investments (short-term) 3.500 Retained earnings 2.955 Notes peabe due in 2020 600 Accounts receivable 1.500 2100 Inventory 1.300 Prepare a cassed balance sheet in good form as of December 31, 2019. (Enter amounts in thousands. List Current Assets in order of liquidity: , Blue Spruce Company Balance Sheet Debe 31 2019 Assets 91 LOL Assets Current Assets Cash 2100 Accounts Receivable Supplies Prepaid Insurance Tote Current Assets $ Properts Plantend Euipment Scuipment 11300 5000 Liabilities and Stockholders' Equity Care Liabilities and Stockholders' Equity Current Liabilities Total Current Liabilities

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!