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Boeing Company has the following balances as of December 31, 2023: Cash: $300,000 Accounts Receivable: $500,000 Prepaid Insurance: $60,000 Equipment: $2,500,000 Accumulated Depreciation: $1,000,000 Accounts
Boeing Company has the following balances as of December 31, 2023:
- Cash: $300,000
- Accounts Receivable: $500,000
- Prepaid Insurance: $60,000
- Equipment: $2,500,000
- Accumulated Depreciation: $1,000,000
- Accounts Payable: $300,000
- Salaries Payable: $100,000
- Common Stock: $900,000
- Retained Earnings: $560,000
Prepare a classified balance sheet for Boeing Company as of December 31, 2023.
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