Required Use the following information to prepare a classified balance sheet for Alpha Company at the end of Year 1.. Accounts receivable Accounts payable Cash Common stock Land Long-term notes payable Merchandise inventory Retained earnings Current assets Total current assets Property, plant and equipment $ 41,920 9,505 14,430 42,500 28,090 22,450 30,150 40,135 ALPHA COMPANY Classified Balance Sheet As of December 31, Year 1 ( Prev 6 of 7. www Next

Required Use the following information to prepare a classified balance sheet for Alpha Company at the end of Year 1