Reference no: EM132635615

The following information was obtained from the Tardodo, Inc. account as of December 31, 2012. This information is presented in random order.

Common stock, authorized 21,000 shares at 10,000 -- 38,000

Marketable securities 17,000

Accounts receivable 26,000

Accounts payable 15,000

Current maturities of long-term debt 11,000

Problem 1: How balance sheet in the form of a report?

Note:

• For assets, use the classification of current assets, plant and equipment, intangibles, and other assets.
• For liabilities, use the classification of current liabilities and long-term liabilities.