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Assets CASH 26 VUD Acct receivable 1400D Supplies 10,200 Notes Receivable 200.000 (due in 3 years Long Term vest ment 3LQUO Instocks Prepaid Expense 10800

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Assets CASH 26 VUD Acct receivable 1400D "Supplies 10,200 Notes Receivable 200.000 (due in 3 years Long Term vest ment 3LQUO Instocks Prepaid Expense 10800 Trucks 46000 Acumulated Deprecatun 12.000 SS UUD Land 114 000 Intangible Assets Inventory IS 000 Liability Equity 34000 Acct Payable 1200D Wages Payable 200D Inkerst playable 14000 Notes Paindle (due a wears) mortgage payable SAWD (dued 20 years) Common stock 69000 retained Earnings 5760 000 70 Chec 1. Prepare a classified balance sheet at its December 31 year-end. (Hintremember to include accumulated depreciation - trucks.) 2. Assume the company had a notes receivable of $2,000 that was to be collected within 3 months, how would it be reported on a classified balance sheet? 3. Assume Land reported in the company's accounting system is not used in operations, and is instead being held for future expansion. How should this account be reported on the balance sheet? Complete this question by entering your answers in the tabs below. Req1 Reg 2 and 3 Prepare a classified balance sheet at its December 31 year-end. (Hint: remember to include accumulated depreciation - trucks.) JISKO Balance Sheet December 31 Assets Current assets Cash $ Accounts receivable Supplies Land Notes receivable 26,000 24,000 10,200 114.000 26,000 200,200 Total current assets Long-term investments

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