Question
13 eBook Required Use the following information to prepare a classified balance sheet for Alpha Company at the end of Year 1. Accounts receivable
13 eBook Required Use the following information to prepare a classified balance sheet for Alpha Company at the end of Year 1. Accounts receivable Accounts payable Cash Common stock Land Long-term notes payable Merchandise inventory Retained earnings $40,530 9,325 17,000 43,000 25,810 22,650 28,950 37,315 Hint Current assets Ask Total current assets Property, plant and equipment ALPHA COMPANY Classified Balance Sheet As of December 31, Year 1 $ Total property, plant and equipment 0 Total assets Current liabilities $ 0 Liabilities and Stockholders' Equity Check my work
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