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Pr . C - 9 4 Preparation of financial statements The following is an alphabetical listing of Poison Ivy Inc. s accounts at their year
Pr C Preparation of financial statements
The following is an alphabetical listing of Poison Ivy Inc.s accounts at their year end December All accounts have normal balances.
Accounts Payable $
Accounts Receivable
Accrued Liabilities
Accumulated Depreciationbuildings
Accumulated Depreciationequipment
Allowance for Expected Credit Losses
Buildings
Cash $
Common Shares
Cost of Goods Sold
Equipment
Income Tax Expense
Interest Expense
Interest Income
Inventory
Land
Note payable due in years
Operating Expenses
Preferred Shares
Prepaid Expenses
Restricted Cash
Retained Earnings
Sales
Trading Investments
Unearned Revenue
Prepare the income statement and classified balance sheet assuming the company follows ASPE.
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