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The following items were taken from the financial statements of Marigold Company. (All amounts are...

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Accounting

The following items were taken from the financial statements of Marigold Company. (All amounts are in thousands.)

Long-term debt $1,100 Accumulated depreciationequipment $5,600
Prepaid insurance 850 Accounts payable 1,100
Equipment 11,000 Notes payable (due after 2020) 300
Stock investments (long-term) 300 Common stock 11,850
Debt investments (short-term) 3,600 Retained earnings 2,000
Notes payable (due in 2020) 400 Accounts receivable 2,000
Cash 2,900 Inventory 1,700

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Prepare a classified balance sheet in good form as of December 31, 2019. (Enter amounts in thousands. List Current Assets in order of liquidity.) Marigold Company Balance Sheet Assets Liabilities and Stockholders' Equity

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