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1. Prepare a classified balance sheet for Jerrison at December 31 . Jerrison Company Balance Sheet December 31 Assets Current assets: Total current assets Long-term
1. Prepare a classified balance sheet for Jerrison at December 31 . Jerrison Company Balance Sheet December 31 Assets Current assets: Total current assets Long-term investments: Property, plant, and equipment: Building, net Trucks, net Equipment, net Total property, plant, and equipment Total assets Liabilities Current liabilities: Total current liabilities Long-term liabilities: Total liabilities Stockholders' Equity. Total stockholders' equity Total liabilities and stockholders' equity Assets Current assets: Cash Land Total current assets Long-term investments: Property, plant, and equipment: Building, net Trucks, net Equipment, net Total property, plant, and equipment Total assets Equipment, net Total property, plant, and equipment Total assets Liabilities Current liabilities: Total current liabilities Long-term liabilities: Total liabilities Stockholders' Equity. Total stockholders' equity Total liabilities and stockholders' equity Ciassified Balance Sheet Jerrison Company operates a wholesale hardware business. The foliowing balance sheet accounts and balances are available for Jerrison at December 31. 1. Prepare a classified balance sheet for Jerrison at December 31
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