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Coca-Cola Company has the following balances as of December 31, 2023: Cash: $600,000 Accounts Receivable: $900,000 Prepaid Insurance: $120,000 Equipment: $4,500,000 Accumulated Depreciation: $1,800,000 Accounts
Coca-Cola Company has the following balances as of December 31, 2023:
- Cash: $600,000
- Accounts Receivable: $900,000
- Prepaid Insurance: $120,000
- Equipment: $4,500,000
- Accumulated Depreciation: $1,800,000
- Accounts Payable: $700,000
- Salaries Payable: $160,000
- Common Stock: $1,400,000
- Retained Earnings: $1,160,000
Prepare a classified balance sheet for Coca-Cola Company as of December 31, 2023.
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