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11 10 po Selected accounts from Gregor Company's adjusted trial balance for the year ended December 31 follow. Prepare a classified balance sheet. Note: On
11 10 po Selected accounts from Gregor Company's adjusted trial balance for the year ended December 31 follow. Prepare a classified balance sheet. Note: On the company's balance sheet, accumulated depreciation is subtracted from equipment accumulated amortization is subtracted from patents, and accumulated depletion is subtracted from silver mine. Common stock $10,000 Accounts payable $ 2,500 Retened 45,000 Accumulated depreciation punt 17,500 Patents 5,000 Notes payable (due in years) 16,000 Cash 6,500 Goodwill Land 35,000 Accumulated depletion-Silver Eminent 25,000 Accumulated artiration-Patents Silwer wie 20.000 co ine 4,000 2,000 GREGOR COMPANY Balance Sheet December 31 Assets Currentes Tot plantas GREGOR COMPANY Balance Sheet December 31 Assets Current assets Plant assets Total plant assets Intangible assets Total intangible assets Total assets Liabilities Current liabilities
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