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Presented below are a number of balance sheet items for Blossom, Inc. for the current year, 2 0 2 5 . Prepare a classified balance
Presented below are a number of balance sheet items for Blossom, Inc. for the current year,
Prepare a classified balance sheet in good form. Common stock authorized was shares, and preferred stock authorized
was shares. Assume that notes receivable and notes payable are shortterm, unless stated otherwise. Cost and fair value of
debt investments trading are the same. List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Land,
Buildings, and Equipment. Enter account name only and do not provide the descriptive information provided in the question.
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