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Prepare a December 31 classified balance sheetwithout amountsfor Swenson Stores. 6-28 The following is an alphabetical list of the accounts of Swenson Stores on December
Prepare a December 31 classified balance sheetwithout amountsfor Swenson Stores. 6-28 The following is an alphabetical list of the accounts of Swenson Stores on December 31: Accounts payable Accounts receivable Administrative expenses Bonds payable (due in 10 yrs) Buildings (net) Cash Cost of goods sold Equipment (net) Mortgage payable (10 equal annual payments) Notes payable (due in 6 months) General expenses Interest expense Interest payable (current) Interest receivable (current) Interest revenue Inventory Investment in government bonds (due in 1yrs) Land Prepaid insurance Salaries payable Sales Selling expenses T. Swenson, capital Temporary investments in securities Notes payable (due in 4 years) Notes receivable (due in 8 months) Notes receivable (due in 3 years) Office supplies Required: Prepare a December 31 classified balance sheet (without amounts) for Swen- son Stores
Prepare a December 31 classified balance sheetwithout amountsfor Swenson Stores.
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