The December 31, 2021, post-closing trial balance ($ in thousands) for Libby Corporation is presented...
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The December 31, 2021, post-closing trial balance ($ in thousands) for Libby Corporation is presented below: Credits Debits 24,000 58. eee 33,000 9,000 6,000 115,000 48,000 155,000 53,000 Cash Investments (long-term) Accounts receivable Allowance for uncollectible accounts Prepaid insurance Inventory Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Patents (unamortized balance) Accounts payable Notes payable, due 2022 Interest payable Bonds payable, due 2631 Common stock (no par), 25,000 shares authorized, issued, and outstanding Retained earnings Totals 137,990 33, 900 6,500 39, 090 68,000 11,500 135,000 187,590 46,500 582,500 582,500 Required: Prepare a classified balance sheet for Libby Corporation at December 31, 2021 (Enter your answers in the order Negative amounts should be entered by a minus sign. Enter your answers in thousands of dollars.)
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