Raw Materials ~/ 3' I k Total Current Assets A\" VJ 1 L Long-term Investments 3 Preferred Stock Investments Cash Surrender Value of Life Insurance ' k Total Long-term Investments 3 L Property, Plant and Equipment Buildings ' A \\- LESS v: XXX XXX XXX XXX XXX XXX $XXX XXX L Stockholders' Equity 6 x L Capital Stock Common Stock xxx x L Additional Paid-in Capital I: L Total PaId-In Capital v xxx Retained Earnings XXX L J Total Pald In Capital and Retalned Earnlngs . XXX Less c. L J . Treasury Stock (XXX ) Noncontrolling Interest XXX XXX Exercise 5-4 Your answer is partially correct. Try again. Assume that Denis Savard Inc. has the following accounts at the end of the current year. 1. Common Stock 14. Accumulated Depreciation-Buildings. 2. Discount on Bonds Payable. 15. Cash Restricted for Plant Expansion. 3. Treasury Stock (at cost). 16. Land Held for Future Plant Site. 4. Notes Payable (short-term). 17. Allowance for Doubtful Accounts. 5. Raw Materials 18. Retained Earnings. 6. Preferred Stock (Equity) Investments (long-term). 19. Paid-in Capital in Excess of Par-Common Stock. 7. Unearned Rent Revenue. 20. Unearned Subscriptions Revenue. 8. Work in Process. 21. Receivables-Officers (due in one year). 9. Copyrights. 22. Inventory (nished goods). 10. Buildings. 23. Accounts Receivable. 11. Notes Receivable (short-term). 24. Bonds Payable (due in 4 years). 12. Cash. 25. Noncontrolling Interest. 13. Salaries and Wages Payable. Prepare a classified balance sheet in good form. (List Current Assets in order of liquidity. For Land, Treasury Stock, Notes Payable, Preferred Stock Investments, Notes Receivable, Receivables-Officers, Inventory, Bonds Payable, and Restricted Cash, enter the account name only and do not provide the descriptive information provided in the question.)