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help please!:) Use the following Information to prepare a classified balance sheet for Alpha Company at the end of Year 1. AccountsreceivableAccountspayableCashCommonstockLandLong-termnotespayableMerchandiseinventoryRetainedearnings$40,8709,15513,34043,00027,24020,10029,60038,795 begin{tabular}{|l|l|l|} hline multicolumn{1}{|c|}{
help please!:)
Use the following Information to prepare a classified balance sheet for Alpha Company at the end of Year 1. AccountsreceivableAccountspayableCashCommonstockLandLong-termnotespayableMerchandiseinventoryRetainedearnings$40,8709,15513,34043,00027,24020,10029,60038,795 \begin{tabular}{|l|l|l|} \hline \multicolumn{1}{|c|}{ ALPHA COMPANY } \\ \hline \multicolumn{1}{|c|}{ Classified Balance Shoot } \\ \hline As of December 31, Yoar 1 \\ \hline Current assets & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Total current assets & & \\ \hline Property, plant and equipment & & \\ \hline [ & & \\ \hline Total property, plant and equipment & & \\ \hline Total assets & & \\ \hline \end{tabular} Step by Step Solution
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