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Presented below are a number of balance sheet items for Blossom, Inc. for the current year, 2025. Prepare a classified balance sheet in good form.
Presented below are a number of balance sheet items for Blossom, Inc. for the current year, 2025. Prepare a classified balance sheet in good form. Common stock authorized was 400,000 shares, and preferred stock authorized was 20,000 shares. Assume that notes receivable and notes payable are short-term, unless stated otherwise. Cost and fair value of debt investments (trading) are the same. (List Current Assets in order of liauiditv. List Probertv. Plant. and Eauioment in order of Land. $ v: v: Liabilities and Stockholders' Equity $
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