Problem 5 1 Presented below is a list of accounts in alphabetical order Accounts Receivable Inventory Ending Accumulated Depreciation Buildings Land Accumulated Depreciation Equipment Land for Future Plant Site Accumulated Other Comprehensive Income Loss from Flood Advances to Employees Noncontrolling Interest Advertising Expense Notes Payable (due next year) Allowance for Doubtful Accounts Paid in Capital in Excess of Par Preferred Stock Bond Sinking Fund Patents Bonds Payable Payroll Taxes Payable Buildings Pension Liability Cash (in bank) Petty Cash Cash (on hand) Preferred Stock Cash Surrender Value of Life Insurance Premium on Bonds Payable Commission Expense Prepaid Rent Common Stock Purchase Returns and Allowances Copyrights Purchases Debt Investments (trading) Retained Earnings Dividends Payable Salaries and Wages Expense (sales) Equipment Salaries and Wages Payable Freight In Sales Discounts Gain on Disposal of Equipment Sales Revenue Interest Receivable Treasury Stock (at cost) Inventory Beginning Unearned Subscriptions Revenue Prepare a classified balance sheet in good form (No monetary amounts are to be shown ) (List Current Assets in order of liquidity List Property, Plant and Equipment in order of Land, Building and Equipment Enter account name only and do not provide the descriptive information provided in the question )

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Problem 5-1 Presented below is a list of accounts in alphabetical order. Accounts Receivable Inventory-Ending Accumulated Depreciation-Buildings Land Accumulated Depreciation-Equipment Land for Future Plant Site

Problem 5-1

Presented below is a list of accounts in alphabetical order.

Accounts Receivable		Inventory-Ending
Accumulated Depreciation-Buildings		Land
Accumulated Depreciation-Equipment		Land for Future Plant Site
Accumulated Other Comprehensive Income		Loss from Flood
Advances to Employees		Noncontrolling Interest
Advertising Expense		Notes Payable (due next year)
Allowance for Doubtful Accounts		Paid-in Capital in Excess of Par-Preferred Stock
Bond Sinking Fund		Patents
Bonds Payable		Payroll Taxes Payable
Buildings		Pension Liability
Cash (in bank)		Petty Cash
Cash (on hand)		Preferred Stock
Cash Surrender Value of Life Insurance		Premium on Bonds Payable
Commission Expense		Prepaid Rent
Common Stock		Purchase Returns and Allowances
Copyrights		Purchases
Debt Investments (trading)		Retained Earnings
Dividends Payable		Salaries and Wages Expense (sales)
Equipment		Salaries and Wages Payable
Freight-In		Sales Discounts
Gain on Disposal of Equipment		Sales Revenue
Interest Receivable		Treasury Stock (at cost)
Inventory-Beginning		Unearned Subscriptions Revenue

Prepare a classified balance sheet in good form. (No monetary amounts are to be shown.) (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Building and Equipment. Enter account name only and do not provide the descriptive information provided in the question.)