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Greetings Fellow Tutor! I have attached three different images for an accounting exercise that I am working on. I could generally use assistance in the
Greetings Fellow Tutor!
I have attached three different images for an accounting exercise that I am working on. I could generally use assistance in the SECOND & THIRD image (blank accounts & amounts). I have also provided the ENTIRE list of accounts to use in the FIRST image. This is for INTERMIEDIATE ACCOUNTING (ACCTG100-A). To conduct a 'Classified Balance Sheet'.
I kindly thank you for the time and effort to help me finish the exercise!
NOTE: The dropdown menu on the SECOND & THIRD images say 'LESS' or 'ADD'.
Presented below is a list of accounts in alphabetical order. Accounts Receivable Accumulated DepreciationBuildings Accumulated DepreciationEquipment 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 Equipment Interest Receivable InventoryBeginning InventoryEnding Land Land for Future Plant Site Loss from Flood Motes Payable (due next vear) Paid-in Capital in Excess of ParPreferred Stock Patents Payroll Taxes Payabla Pension Liability Petty Cash Preferred Stock Premium on Bonds Payable Prepaid Rent Purchase Returns and Allowances Purchases Retained Earnings Salaries and Wages Expense (sales) Salaries and Wages Payable Sales Discounts Sales Revenue Treasury Stock (at cost) Unearned Subscriptions Revenue Prepare a classified balance sheet in good form. (Mo monetary amounts are to be shown.) (List Property, Plant, and Equipment in order of Land, Building and Equipment. Enter account name only and do not provide the descriptive information provided in the question.)Step by Step Solution
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