b. For each of the seven numbered items above, use a separate numbered paragraph to explain whether the treatment followed by Pippin is in accordance with generally accepted accounting principles. Problem Set B PROBLEM 2.1B Listed below in random order are the items to be included in the balance sheet of Decp River Preparing and Evaluating a Balance Sheet Instructions a. Prepare a balance sheet at December 31, 2011. Include a proper heading and organize your balance sheet similar to the illustrations shown in Chapter 2. (After "Buildings," you may list the remaining askets in any order.) You will need to compute the amount to be shown for Capital Stock