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Problem 3: Flanagin Department Store is located near the Crystal Shopping Mall. At the end of the company's fiscal year on December 31, 2020, the

Problem 3: Flanagin Department Store is located near the Crystal Shopping Mall. At the end of the company's fiscal year on December 31, 2020, the following accounts appeared in its adjusted trial balance. Additional data: $20,000 of the mortgage payable is due for payment next year. Prepare a classified balance sheet

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