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DB 5.2 - Preparation of a Classified Balance Sheet Presented below is a list of accounts in alphabetical order. Accounts receivable Accumulated depreciation - buildings

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DB 5.2 - Preparation of a Classified Balance Sheet Presented below is a list of accounts in alphabetical order. Accounts receivable Accumulated depreciation - buildings Accumulated depreciation - equipment Accumulated other comprehensive income Advances to employees Advertising expense Allowance for doubtful accounts Bond sinking fund Bonds payable Buildings Cash in bank Cash on hand Cash surrender value of life insurance Commission expense Common stock Debt investments (trading) Discount on bonds payable Dividends payable Equipment Gain from sale of land Interest receivable Inventory - beginning Inventory - ending Land Land for future plant site Loss on sale of equipment Litigation expense Noncontrolling interest Notes payable (due within the next year) Paid-in capital in excess of par - common stock Patents Payroll taxes payable Pension obligations Petty cash Preferred stock Prepaid rent Rent revenue Retained earnings Sales Sales discounts Salaries and wages expense Salaries and wages payable Trademarks Treasury stock (at cost) Unearned rent revenue Required: Prepare a classified balance sheet in good form. (No monetary amounts are to be shown.)

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