Current Attempt in Progress

Assume that Denis Savard Inc. has the following accounts at the end of the current year.

Common Stock.

Discount on Bonds Payable.

Treasury Stock $($at cost$).$

Notes Payable $($short$-$term$).$

Raw Materials.

Equity Investments $($long$-$term$).$

Unearned Rent Revenue.

Work in Process.

Copyrights.

Buildings.

Notes Receivable $($short$-$term$).$

Cash.

Salaries and Wages Payable.

Accumulated Depreciation$-$Buildings.

Restricted Cash for Plant Expansion.

Land Held for Future Plant Site.

Allowance for Doubtful Accounts.

Retained Earnings.

Paid$-$in Capital in Excess of Par$-$Common Stock.

Unearned Subscriptions Revenue.

Receivables$-$Officers $($due in one year$).$

Inventory $($finished goods$).$

Accounts Receivable.

Bonds Payable $($due in $4$ years$).$

Prepare a classified balance sheet in good form. $($No monetary amounts are necessary.$)($For Land, Treasury Stock, Notes Payable,

Preferred Stock Investments, Notes Receivable, Receivables$-$Officers, Inventory, Bonds Payable, and Restricted Cash, enter the account name Question $4$ of $8$

$\frac{-}{1}$

Denis Savard Inc.

Balance Sheet December $31,20-$

Assets

Current Assets

Cash $$

$XXX

XXX

Less $$

XXX $$

$$ : $$

$xxx$

$$

XXX Question $4$ of $8$

XXX

XXX

${?}_{?}$

XXX

XXX

XXX

XXX

XXX

: Question $4$ of $8$

$\frac{-}{1}$

Liabilities and Stockholders' Equity

Current Liabilities

Salaries and Wages Payable

$XXX

Unearned Subscriptions Revenue

XXX

Unearned Rent Revenue

XXX

Notes Payable

Total Current Liabilities

$xxx$

Long$-$term Debt

Bonds Payable

$$xxx$

Less

:

Discount on Bonds Payable

Total Liabilities

$xxx,xx{x}_{?}$

$xxx$K$!$nb$,$ S$$

$\frac{?}{\text{b}\text{a}\text{r}}(xxx)$

:

Ss$$

XXX

longrightarrow

XXX

s$8$ulu$!$

$xxx$

$$e$!$dej u$!-$p$!$ed $$e$$o$\_$

XXX

$$e$!!$de$$ u$!-$p$!$ed $$euo$!!!$pp $AA$

XXX

Y$0$S uoumos

y$$o$$s $!$de$$

XXX

s$$IIIIIGEI$$ IEio$$

vdots $$ l$/-$