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2. (30 points) Given the following account information for Leong Corporation, which ances 2. (30 points) Given the following account information for Leong Corporation. whi
2. (30 points) Given the following account information for Leong Corporation. whi began operations in 2018. prepare a classified balance sheet in good form for the company as of December 31, 2018. All accounts have balances. Equipment n terest Expense Interest payable Retained Earnings Dividends Land Accounts Receivable Bonds Payable Notes Payable (due in 6 months) Common Stock Accumulated Depreciation - Equip. Prepaid Advertising Service Revenue Buildings Supplies Income Taxes Payable Utilities Expense Advertising Expense Salaries and Wages Expense Salaries and Wages Payable Accumulated Depreciation - Building Cash Depreciation Expense $74,420 $2,180 $48,980 $128,660 $110.480 $73,220 $32,220 $67,200 $9,120 $5,120 $377,940 $87,800 $1,980 $3,200 $1,440 $1,680 $48,420 $860 $16,060 $7,840
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