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Cone Corporation is in the process of preparing its December 31, 2018, balance sheet. There are some question E3-8 Ralance sheet: as to the proper

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Cone Corporation is in the process of preparing its December 31, 2018, balance sheet. There are some question E3-8 Ralance sheet: as to the proper classification of the following items: current versus long-term classification L03-2, LO3-3 a. $50,000 in cash restricted in a savings account to pay bonds payable. The bonds mature in 2022. b. Prepaid rent of $24,000, covering the period January 1, 2019, through December 31, 2020. c. Note payable of $200,000. The note is payable in annual installments of $20,000 each, with the first install- ment payable on March 1, 2019. d. Accrued interest payable of $12,000 related to the note payable. e. Investment in marketable securities of other corporations, $80,000. Cone intends to sell one-half of the secu rities in 2019 Required: Prepare a partial classified balance sheet to show how each of the above items should be reported

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