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Required Use the following information to prepare a classified balance sheet for Alpha Co. at the end of Year 1. Accounts receivable Accounts payable Cash

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Required Use the following information to prepare a classified balance sheet for Alpha Co. at the end of Year 1. Accounts receivable Accounts payable Cash Common stock Land Long-term notes payable Merchandise inventory Retained earnings $43,410 6,180 17,240 40,000 20,000 21,200 30, 125 42,895 Assets Current assets Total current assets $ 0 Property, plant and equipment $ 0 Total property, plant and equipment Total assets Liabilities and Stockholders' Equity Current liabilities Long-term fiabilities 0 Total liabilities Stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity DO Prey Mia

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