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Jse the dropdowns to select the accounts properiy included on the classified balance sheet. However, you witl need to ente =11-1 (Algo) Financial Reporting of

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Jse the dropdowns to select the accounts properiy included on the classified balance sheet. However, you witl need to ente =11-1 (Algo) Financial Reporting of Depreciation, Write-off, Bond Issuancers 4,8,9,10, and 11) 5tock Issuance, Purchase, Reissuance, and Cash Dividends [Chapter LO 4-2, 4-5, 8-2, 9-3,10-3,11-2, 11-3] thantom incorporated, reported the following account balances on January 1. he company entered into the following transactions during the year. January 15 Issued 23,000 shares of $1 par common stock for $86,000 cash. January 31 collected $3,000 from customers on account. February 15 Reacquired 3,360 shares of $1 par conmon stock into treasury for $36,960 cash. March 15 Reissued 2,360 shares of treasury stock for $27,960 cash. August 15 Reissued 600 shares of treasury stock for $4,600 cash. ieptember 15 Declared (but did not yet pay) a \$1 cash dividend on each outstanding share of common October 1 Issued 100,10 -year, $1,190 bonds, at a quoted bond price of 101 . October 3 Wrote off a $1,500 balance due from a customer who went bankrupt. December 29 Recorded $266,000 of service revenue, all of which was collected in cash. December 30 Paid $236,000 cash for this year's wages through December 31. (Ignore payroll taxes and payroll deductions.) December 31 Calculated $10,000 of depreciation for the year to be recorded. (Ignore accrual adjustments for interest and income taxes.)

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