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Land: 136,800 inventory: 66,000 Long term investment in stocks: 43,200 notes receivable (due in 3 years): 31,200 accounts receivable: 28,800 Cash: 31,200 intangible assets: 18,000
Land: 136,800
inventory: 66,000
Long term investment in stocks: 43,200
notes receivable (due in 3 years): 31,200
accounts receivable: 28,800
Cash: 31,200
intangible assets: 18,000
prepaid expenses: 12,960
supplies: 12,240
trucks: 55,200
accumulated depreciation (trucks): 14,400
accounts payable: 74,400
wages payable: 25,200
interest payable: 28,800
notes payable (due in 9 years): 40,800
mortgage payable (due in 20 years): 100,800
common stock: 82,800
retained earnings: 68,400
The CEO of Jisko requests our help in preparing year-end financial reports. The CEO explains that they are having difficulty classifying accounts. The Tableau dashboard shows December 31 year-end data from the company's accounting system. For Year 2, prepare a classified balance sheet at its December 31 year-end. (Hint: remember to include accumulated denreciation-trucks.)Step by Step Solution
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