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Presented below is a list of balance sheet accounts. Accounts payable Land (in use) Accounts receivable Long-term investments Accumulated depreciationbuildings Notes payable (due in 6

Presented below is a list of balance sheet accounts.

Accounts payable Land (in use)

Accounts receivable

Long-term investments

Accumulated depreciationbuildings

Notes payable (due in 6 months)

Accumulated depreciationequipment

Notes receivable (due in 2 years)

Allowance for uncollectible accounts

Patent Bonds payable (due in 10 years)

Preferred stock Buildings

Prepaid expenses

Cash

Rent payable (current)

Common stock

Restricted cash (to be used in 10 years)

Copyright

Retained earnings

Equipment

Short-term investments

Interest receivable (due in three months)

Taxes payable

Inventories

Wages payable

Prepare a classified balance sheet ignoring monetary amounts.

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