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Prepare a classified statement of financial position in good form



The following items were taken from the post-closing trial balance of Aloma Macarty Company (All pounds are in thousands):
Accumulated depreciation	£5,455		Mortagage payable	£   743
Accounts payable	1,244		Patent	680
Notes payable after 2012	168		Equipment	11,300
Shaer capital-ordinary	9,800		Land held for investment	464
Retained earnings	3,263		Short-term investments	3,490
Accounts receivable	1,496		Notes payable in 2012	681
Cash	2,868		Inventories	1,056

Prepare a classified statement of financial position in good form as of December 31,2011.



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31 Mar 2016

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    Prepare a classified statement of financial position in good form

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