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Problem 2 Blow is a list of accounts and balances from worksheet of Treble Company for December 3 1 , 2 0 2 3 :
Problem
Blow is a list of accounts and balances from worksheet of Treble Company for December :
Accrued salaries payable
Sales
Office supplies
Retained eamings
Cash
Shortterm notes payable
Accounts payable
Accounts receivable
Accrued interest payable
Temporary investments in marketable securities
Mortgage payable
Prepaid insurance
Merchandise inventory
Current maturities of longterm debt
Equipment held for resale
Unearned revenues
Ordinary share capital
Accumulated depreciationbuilding
Land
Building
Prepaid rent
Franchise
Accumulated depreciationequipment
Shares and investments
Equipment
Required:
Prepare a properly classified statement of financial position for December
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