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Presented below is a list of balance sheet accounts. Accounts payable Accounts receivable Cash Common stock Accumulated depreciation Copyright (net) -buildings Accumulated depreciation Equipment
Presented below is a list of balance sheet accounts. Accounts payable Accounts receivable Cash Common stock Accumulated depreciation Copyright (net) -buildings Accumulated depreciation Equipment -equipment Allowance for uncollectible accounts Interest receivable (due in three months) Restricted cash (to be used Inventory in 10 years) Bonds payable (due in 10 Land (in use) years) Buildings Long-term investments Notes payable (due in 6 Interest payable (current) months) Notes receivable (due in 2 Retained earnings years) Patent (net) Short-term investments Additional paid-in capital Income taxes payable Prepaid expenses Salaries payable Required: Prepare a classified balance sheet ignoring monetary amounts. Include headings for each classification, as well as titles for each classification's subtotal.
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