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Below is Galt Services' financial accounting information for the year ending April 30, 2016 Cash $ 8,340 Equipment $ 36,430 Accounts Payable $ 4,340 Accounts

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Below is Galt Services' financial accounting information for the year ending April 30, 2016 Cash $ 8,340 Equipment $ 36,430 Accounts Payable $ 4,340 Accounts Receivable $ 3,560 Accumulated Depreciation $ 770 Unearned Revenue $ 180 Inventory $ 7,150 Prepaid Insurance $ 2,630 Bank Loan $ 24,000 Taylor, Capital $ 28,820 The bank loan is payable over 3 years and $8,000 will be paid by April 30, 2017 Required Prepare a classified balance sheet using the balances listed above. Do not enter dollar signs or commas in the input boxes For accumulated depreciation do not enter a negative sign before the number Select accounts according to their classification. If more than one account is used under a classification, enter them in the order of appearance in the list above. For example, if cash and accounts receivable are both current assets, choose cash for the first drop down menu, and accounts receivable for the second. Galt Services Classified Balance Sheet As at April 30, 2016 Assets Current Assets a . 6 Total Current Assets Property, Plant, and Equipment e Total Property, Plant, and Equipment Total Assets Liabilities Current Liabilities . e 4 Total Current Liabilities Long-Term Liabilities Total Long-Term Liabilities Total Liabilities Owner's Equity abilities and ownersifat

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