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questions are attached for the problems regarding the errors on the two balance sheets 1. The following Classified Balance Sheet has numerous errors. Indicate the
questions are attached for the problems regarding the errors on the two balance sheets
1. The following Classified Balance Sheet has numerous errors. Indicate the errors in this Balance Sheet by preparing a corrected Classified Balance Sheet with all required information. Additional Information: Land has an original cost of $3,000 and inventory cost the company $5,000. 2. Barton Company uses the indirect method of preparing the Statement of Cash Flows and reports the following comparative balance sheet information. As customary, the most recent data is in the first column. Additional Information: Net income for 2012 was $30,000. No equipment was disposed of during 2012. Required: Prepare a Cash Flow Statement using the indirect methodStep by Step Solution
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