23 Xvx BC 1 BUS202 Chapter 4 1,600 8,000 (5,000) 11,000 400 4 Instructions: Using the account balances below, 5 create a classified balance sheet in good form for 6 XYZ Company on December 31, 2012 7 Trademarks 8 Accounts Receivable 9 Accumulated Depreciation 10 Notes Payable - Current Portion 11 Prepaid Insurance 12 Share Capital 13 Unearned Revenue 14 Supplies 15 Short-Term Investments 16 Accounts Payable 17 Land S 18 Long-Term Stock Investments 19 Notes Payable 20 Patents 21 Salaries Payable 22 Inventory 23 Equipment 24 Retained Earnings 25 Cash 26 Interest Payable The 20,000 900 2,100 2,000 2,100 10,000 7,200 11,300 1,500 1,600 . 24,000 14,050 6,600 450 Review Review 2 Classify 1 Classify 2 Classify 3 Moving to another question will save this response Question 13 4 points Sternberg Company purchases equipment for $1,200 and supplies for $400 from Tran Co. for $1,600 cash. The entry for this transaction will include a debit to equipment $1,200, debit to supplies expense $400 and credit to cash $1,600 debit to assets for $1,600 and credit to accounts payable $1,600 debit to equipment $1,200 and debit to supplies $400, credit cash $1,600 debit accounts payable $1,600 Moving to another question will save this response Question 13