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Exercise 9-14A Preparing a classified balance sheet LO 9-6 Required Use the following information to prepare a classified balance sheet for Alpha Co. at the

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Exercise 9-14A Preparing a classified balance sheet LO 9-6 Required Use the following information to prepare a classified balance sheet for Alpha Co. at the end of Year 1. Accounts receivable Accounts payable Cash Common stock Land Long-term notes payable Merchandise inventory Retained earnings $43, 330 7,320 13,900 41,500 25,460 23,990 30, 500 40,470 ALPHA CO. Classified Balance Sheet As of December 31, Year 1 Current assets Total current assets Property, plant and equipment Total property, plant and equipment Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Total liabilities Stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity Exercise 9-14A Preparing a classified balance sheet LO 9-6 Required Use the following information to prepare a classified balance sheet for Alpha Co. at the end of Year 1. Accounts receivable Accounts payable Cash Common stock Land Long-term notes payable Merchandise inventory Retained earnings $43, 330 7,320 13,900 41,500 25,460 23,990 30, 500 40,470 ALPHA CO. Classified Balance Sheet As of December 31, Year 1 Current assets Total current assets Property, plant and equipment Total property, plant and equipment Total assets 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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