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12 Selected accounts from Gregor Company's adjusted trial balance for the year ended December 31 follow. Prepare a classified balance sheet. Note: On the
12 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. 10 points Common stock Retained earnings eBook Patents Cash Land Equipment Silver mine Accounts payable Accumulated depreciation-Equipment Notes payable (due in 9 years) Goodwill $ 10,000 49,000 5,800 6,900 39,000 29,000 24,000 Accumulated depletion-Silver mine Accumulated amortization-Patents $ 2,900 21,100 20,000 5,900 4,800 2,800 Print References Current assets Plant assets Total plant assets Intangible assets Total intangible assets Total assets Current liabilities Long-term liabilities GREGOR COMPANY Balance Sheet December 31 Assets 0 0 0 0 $ 0 Liabilities Total liabilities 0 Equity Total equity Total liabilities and equity 0 $ 0
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