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plz Question 2 [40 points] Bert Zimm, the financial officer of Segura Corporation, showed the following adjusted account balances for the year ended May 31,
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Question 2 [40 points] Bert Zimm, the financial officer of Segura Corporation, showed the following adjusted account balances for the year ended May 31, 2014. Use this information to prepare the May 31, 2014 classified balance sheet. (select one) Balance Sheet (select one) X + X XXXE . 1 1 Account Accumulated Depreciation, Boats Accumulated Depreciation, Furniture Accumulated Depreciation, Machinery Boats Copyright Depreciation Expense, Boats Depreciation Expense, Furniture Depreciation Expense, Machinery Dividends Furniture Income Taxes Expense Income Taxes Payable Interest Earned Interest Expense Interest Receivable Long-Term Notes Payable Long-term Investment in Shares Machinery Mortgage Payable (due January, 2017) Notes Receivable (due October, 2014) Property Taxes Expense Property Taxes Payable Rent Earned Rent Receivable Retained Earnings Share Capital Supplies Trademark Unearned Rent Balance 37,000 11,500 74,500 138,500 42,000 12,000 9,500 16,500 35,000 12,000 1,500 1,500 24,000 12,000 20,000 274,000 60,500 617,500 316,500 113,500 79,500 76,500 113,000 54,500 71,000 163,000 22,500 38,000 122,500Step by Step Solution
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