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Preston Services financial accounting information for the year ending January 31, 2019 is presented below. Assume all accounts have a normal balance. Cash $ 8,730

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Preston Services financial accounting information for the year ending January 31, 2019 is presented below. Assume all accounts have a normal balance. Cash $ 8,730 Equipment 5 36,580 Accounts Payable $ 4,230 Accounts Receivable $3,430 Accumulated Depreciation $ 530 Unearned Revenue $ 1,300 Merchandise Inventory $ 7,980 Prepaid Insurance $ 2,870 Bank Loan $ 24,000 Taylor, Capital $ 29,530 The bank loan is payable over 5 years and $4,800 will be paid by January 31, 2020. Required Prepare a classified balance sheet using the balances listed above Do not enter dollar signs or commas in the input boxes. For accumulated depreciation, do not enter a negative sign before the number Select accounts according to their classification of more than one account is used under a cassification enter them in the order of appearance in the list above. For example, if cash and accounts receivable are both current assets. choose cash for the first drop down menu and accounts receivable for the second Preston Services Classified Balance Sheet As at January 31, 2019 Assets Current Assets 1 1 Total Current Assets Property, Plant, and Equipment Total Property, Plant, and Equipment Total Assets Liabilities Current Liabilities Current Liabilities Total Current Liabilities Long-Term Liabilities Total Long-Term Liabilities Total Liabilities Owner's Equity Liabilities and Owner's Equity

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