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Prepare a classified balance sheet for on December 31, 2027 assuming the note payable is a long-term liability. Information of Common Stock, authorized 100,000, the

Prepare a classified balance sheet for on December 31, 2027 assuming the note payable is a long-term liability. Information of Common Stock, authorized 100,000, the par value is $10 per shares, 5,000 shares of common stock are outstanding and issued

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