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Below is the adjusted trial balance for EFG Industries as of July 31, 2020. Debit Credit Cash 32,000 Accounts Receivable 45,000 Inventory 35,000 Notes Receivable
Below is the adjusted trial balance for EFG Industries as of July 31, 2020. Debit Credit Cash 32,000 Accounts Receivable 45,000 Inventory 35,000 Notes Receivable 40,000 Buildings 155,000 Accumulated Depreciation, Buildings Accounts Payable Bonds Payable 20,000 12,000 50,000 Common Stock 134,000 Retained Earnings 44,000 Dividends 30,000 Sales Revenue 310,000 Interest Revenue 2,000 Cost of Goods Sold 188,000 Operating Expenses Interest Expense 42,000 5,000 Total 572,000 572,000 Use this information to prepare a classified balance sheet in good form in the space below
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