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prepare a classified balance sheet as of December 31, 2018. assume interest recievable is a current asset and interest payable is a current liability. start

prepare a classified balance sheet as of December 31, 2018. assume interest recievable is a current asset and interest payable is a current liability. start by preparing the assets section of the statement. In white is what I got wrong.
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Compl 0-1 (similar to) (Click the icon to view the additional information) (Click the icon to view the chart of accounts) All Around Appliance Manele Bay has just purchased a franchise from Ail Around Appliance (AAA) Following is the chart of accounts for All Around Appliance Manele Bay. As a new business, all beginning bal December 31, 2018 Assets Current Assets: Cash Accounts Receivable Interest Receivable Less: Prepaid Insurance Sales Revenue Merchandise Inventory Office Supplies Petty Cash Total Current Assets 648,688 330000 5367 5358 1.900 145,000 230 280 Property Plant, and Equipment Office Equipment 60,000 10000 Less: Accumulated Depreciation-Building Depreciation Expense-Office Equipment Less. Accumulated Depreciation-Office Equipment Depreciation Expense-Store Fixtures Less: Accumulated Depreciation-Store Fixtures Total Prnnerty Plant and Fnssinment 24000 24000 4000 4000 Choose from any list or enter any number in the input fields and then click Check Answer e @Yuzz Horngren's Amlp DoHome verk . Sar Cal 5367 Interest Receivable Less Prepaid Insurance Sales Revenue Merchandise Inventory Office Supplies Pety Cash Total Current Assets 5358 1,900 145,000 230 280 3276456 Property, Plant, and Equipment Office Equipment Depreciation Expense-Building Less: Accumulated Depreciation-Building Depreciation Expense Office Equipment Less: Accumulated Depreciation-Office Equipment Depreciation Expense-Store Fixtures Less Accumulated Depreciation-Store Fixtures Total Property. Plant, and Equipment 60,000 10000 24000 24000 4000 4000 60000 Intangible Assets Franchise 42.300 Total Assets 3378756 Choose from any list or enter any number in the input fields and then click Check Answer - X follow Reference December 31, 2018 Balance Account Title Debit Credit S648,688 280 330,000 Cash ePetty Cash ie Accounts Receivable s 16,500 Allowance for Bad Debts Merchandise Inventory Office Supplies Prepaid Insurance Interest Receivable Notes Receivable Land 145,000 230 ,900 5,367 230,00 60,000 325,000 330 Building Accumulated Depreciation-Building Store Fixtures 10,000 60,000 4,000 Office Equipment Accumulated Depreciation-Office Equipment Franchise Accounts Payable Interest Payable Notes Payable 60,000 24,000 42.300 240,000 20,000 200,000 Print Done Homework-Sa. Calculator fo @ Reference 240,000 20,000 200,000 550,000 Accounts Payable Interest Payable Notes Payable Badden, Capital Badden. Withdrawals Sales Revenue Interest Revenue Cost of Goods Sold Franchise Fee Expense Salaries Expense Utilities Expense Insurance Expense 15,000 2,145,000 20,567 925,000 150,150 130,000 14,500 1,90 1.413 16,500 2.330 1,800 10,000 4,000 24,000 4,700 20,000 Supplies Expense Bad Debt Expense Bank Expense Credit Card Expense Depreciation Expense-Building Depreciation Expense-Store Fixtures Depreciation Expense-Office Equipment Amortization Expense-Franchise Interest Expense Cash Short and Over Total 3,230,067 $ 3,230,067 Print Done omework-Sa. Reference All Around Appliance Manele Bay Statement of Owner's Equity Year Ended December 31, 2018 Badden, Capital, January 1, 2018 Owner contribution Net income for year 550,000 859,265 1.409,265 (15,000) Badden, Capital, December 31, 2018 1394,265 Owner withdrawal Print Done 5456

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