The December 31,2021, post-closing trial balance ( $ in thousands) for Libby Corporation is presented...
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Accounting
The December postclosing trial balance $ in thousands for Libby Corporation is presented below: tableCashDebits,CreditsInvestments longtermAccounts receivable,Allowance for uncolle,tablePrepaid insurancetableInventoryLandBuildingstableAccumulated depreciationbuildingsEquipmenttableAccumulated depreciationequipmentPatents unamortized balancetablePatents unamortized balanceAccounts payabletableNotes payable, due Interest payabletableBonds payable, due Common stock no par sharestableCommon stock no par sharesauthorized issued, and outstandingRetained earnings,,Totals Required: Prepare a classified balance sheet for Libby Corporation at December Enter your answers in the order of their liquidity. Negative amounts should be entered by a minus sign. Enter your answers in thousands of dollars.
The December postclosing trial balance $ in thousands for Libby Corporation is presented below:
tableCashDebits,CreditsInvestments longtermAccounts receivable,Allowance for uncolle,tablePrepaid insurancetableInventoryLandBuildingstableAccumulated depreciationbuildingsEquipmenttableAccumulated depreciationequipmentPatents unamortized balancetablePatents unamortized balanceAccounts payabletableNotes payable, due Interest payabletableBonds payable, due Common stock no par sharestableCommon stock no par sharesauthorized issued, and outstandingRetained earnings,,Totals
Required:
Prepare a classified balance sheet for Libby Corporation at December Enter your answers in the order of their liquidity. Negative amounts should be entered by a minus sign. Enter your answers in thousands of dollars.
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