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Exercise 9-14A (Algo) Preparing a classified balance sheet LO 9-6 Required Use the following information to prepare a classified balance sheet for Alpha Company at
Exercise 9-14A (Algo) Preparing a classified balance sheet LO 9-6 Required Use the following information to prepare a classified balance sheet for Alpha Company at the end of Year 1. Accounts receivable Accounts payable Cash Common stock Land Long-term notes payable. Merchandise inventory Retained earnings $ 44,330 8,575 15,700 42,000 28,070 23,300 27,400 41,625 Current assets ALPHA COMPANY Classified Balance Sheet As of December 31, Year 11 Total current assets Property, plant and equipment Total current assets Property, plant and equipment Total property, plant and equipment S5 $ 0 0 Total assets $ 0 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Total liabilities Stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity
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