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Information from the adjusted trial balance of Cake Corporation appears below. All accounts have their normal balances. Using the information from the adjusted trial balance,
Information from the adjusted trial balance of Cake Corporation appears below. All accounts have their normal balances. Using the information from the adjusted trial balance, prepare the classified balance sheet at December 31, 2023: Accounts Payable Accounts Receivable Accumulated Depreciation Equipment Bonds Payable (due 2030) Cash Common Stock Equipment Insurance Expense Interest Expense Patents Prepaid Insurance Rent Expense Retained Earnings Salaries and Wages Expense Sales Revenue Unearned Sales Revenue $16,000 3,000 9,000 40,000 31,000 10,000 56,000 6,000 2,000 8,000 1,000 5,000 30,000 9,000 12,000 4,000
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