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The combo company adjusted trail balance for the year ended 31/12/2018 (in thousands $ )
| Cach | 50485 |
| Franchise | 30000 |
| Treasury stock | 12750 |
| Twenty-year 12% notes payable due January 1 /2025 | 250000 |
| Holding for sale investments | 50030 |
| Account receivable | 162824 |
| Inventories at NRV | 426037 |
| Bonds due January 31/2022 | 175000 |
| Land | 25000 |
| Allowance for doubtful accounts | 1850 |
| Accounts payable | 157532 |
| Investment for maturity in 2025 | 87500 |
| Accrued interest on notes payable | 1350 |
| Equipment | 232500 |
| Notes payable to bank half due in 2019 | 65000 |
| Income taxes payable | 7270 |
| Pension provision | 75000 |
| Notes receivable due in 2019 | 67576 |
| Building | 850800 |
| Good will | 56000 |
| Accumulated depreciation Building | 291200 |
| Accumulated depreciation Equipment | 57500 |
| Copyright | 14000 |
| Salaries payable | 13850 |
| Accumulated other comprehensive income | 3650 |
| Supplies on hand | 5100 |
| Prepaid expenses | 12252 |
| Retained earnings | 163182 |
| Share premium preference | 16470 |
| Share premium ordinary | 54000 |
- Share capital preference 7% authorized to issued 50000 issued and outstanding 30000 shares of 10$ per value
- Share capital ordinary authorized to issued 50000 shares of 1$ per value issued and outstanding 450000 shares
- The company decided that one equipment with cost 32500 and accumulated depreciation 500 will be not use more in operation and will hold for sale
Required : prepare classification statement of financial position for the year ended 31/12/2018
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