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Account Title Cash Debit Credit $28,800 $ 117,000 13,500 162,000 2,160 50,400 180,000 540,000 36,000 Accounts receivable Allowance for doubtful accounts Inventory Prepaid insurance Short-term

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Account Title Cash Debit Credit $28,800 $ 117,000 13,500 162,000 2,160 50,400 180,000 540,000 36,000 Accounts receivable Allowance for doubtful accounts Inventory Prepaid insurance Short-term investments Equipment Building Accumulated depreciation-equipment Accumulated depreciation-building Goodwill Accounts payable Salaries payable Interest payable Income tax payable Notes payable, 8%, 5-year Bonds payable, 7%, 10-year Common stock Retained earnings Totals 13,500 54,540 81,000 9,000 2,700 16,200 450,000 27,000 360,000 126,000 $1,134,900 $1,134,900 Required Drenar ch Required a. Prepare a classified balance sheet for Armour Inc. as of December 31, 2020. . Do not use negative signs with any of your answers. List current liabilities in the order of the largest dollar amount to the smallest doll Balance Sheet As of December 31, 2020 Assets Current assets Cash Accounts receivable $ $ $ + Accounts receivable, net Short-term investments Inventory . . > Intangible assets 0 > > 0 $ $ 0 Liabilities and Stockholders' Equity Current liabilities $ . 0 > . $ 0 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Notes payable, 8%, 5-year . 0 0 Stockholders' equity Common stock (4) $ 0 b. Compute working capital on December 31, 2020. Working capital $ Please answer all parts of the question. Check

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