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Other information:a. All accounts have normal balances.b. The furniture was depreciated using straight-line method and had a useful life of five years and residual value

Other information:a. All accounts have normal balances.b. The furniture was depreciated using straight-line method and had a useful life of five years and residual value os zero.c. The machinery was deprecated using the double-declining balance method and had a useful life of 10 years and residual value of $28100.d. The patent was purchased on November 2,2019and is expected to be used for 15 years after which it will have no value.e. The balance in prepaid rent represents rent from June 1,2019 to May 31,2020.f. $6500 of the note payable will be paid by April 30, 2021.Required. Prepare a classified balance sheet at April 30, 2020.Could you please explain the solution of this question, I add whole information. If is it possible to attach a document of balance sheet I would appreciate it. Thanks in advance.

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october 31, 2021. Required Prepare a classified balance sheet at October 31, 2020. Exercise 9-28 Balance sheet LO2, 3, 7 (4 ) Part 3 CHECK FIGURE: Total assets = $87,885 Montalvo Bionics showed the following alphabetized unadjusted trial balance at April 30, 2020: Account Balance Accounts payable ......... $ 5,080 Accounts receivable.......... 17,300 Accumulated depreciation, furniture .............. 10,190 Accumulated depreciation, machinery ... 20,200 Allowance for doubtful accounts ................... 1,010 Cash...... 10,100 Expenses ........... 89,300 Furniture ....... 22,700 Josh Montalvo, capital ... 32,910 Josh Montalvo, withdrawals ........... 83,900 Machinery..... 50,800 Note payable......... 14,600 Patent ......... 24,900 Prepaid rent.............). 16,260 Revenues ............ 225,400 Unearned revenue...................( 5,870

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