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Boeing Company has the following balances as of December 31, 2023: Cash: $350,000 Accounts Receivable: $550,000 Prepaid Insurance: $65,000 Equipment: $3,500,000 Accumulated Depreciation: $1,500,000 Accounts
Boeing Company has the following balances as of December 31, 2023:
- Cash: $350,000
- Accounts Receivable: $550,000
- Prepaid Insurance: $65,000
- Equipment: $3,500,000
- Accumulated Depreciation: $1,500,000
- Accounts Payable: $350,000
- Salaries Payable: $150,000
- Common Stock: $950,000
- Retained Earnings: $600,000
Prepare a classified balance sheet for Boeing Company as of December 31, 2023.
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