QUESTION 4 Partially correct Marked out of 38.00 Flag question Edit question Preparation of Balance Sheet Dooley Company's December 31 post-closing trial balance contains the following normal balances: $11,000 20,000 439,500 785,000 900,000 75,000 nt 180,000 834,500 22,500 Accumulated depreciation-Building 135,000 6,000 120,000 131,000 206,000 600,000 1,500 Cash Accounts payable Building Long-term notes payable Common stock Retained earnings mulated depreciation-Equipme Land Accounts receivable Wages payable Patent (net of amortization) Notes payable (short term) Inventory Equipment Allowance for doubtful accounts Required Prepare a December 31 classified balance sheet for Dooley Company. DOOLEY COMPANY Balance Sheet De cember 31 Prepare a December 31 classified balance sheet for Dooley Company DOOLEY COMPANY Balance Sheet De cember 31 Assets Current Assets: Cash S11,000 Inventory 20,600 X Accounts Receivable 22,500 21,000 Less: Allowance for Doubtful Accounts 1,500 Total Current Assets 238,000 Plant Assets: Land 834,500 Building 439,500 Accumulated Depreciation 135,000 304500 Equipment 600,000