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Requirement a. Prepare the current-year classified balance sheet using the report format. Begin by preparing the asset section of the balance sheet and then prepare

Requirement a. Prepare the current-year classified balance sheet using the report format.

Begin by preparing the asset section of the balance sheet and then prepare the liabilities and stockholders' equity sectionsimage text in transcribed

E6-5 (similar to) Financial Data - X Hardington Building Products Company provided the following information for the current year ended December 31. E: (Click the icon to view the financial data.) Requirements Prepare the current-year classified balance sheet using the report format. b. Prepare the current-year classified balance sheet using the account format. Account Debit Credit a. Cash $ 615,000 S 180,800 2,250,150 Requirement a. Prepare the current-year classified balance sheet using the report format. Begin by preparing the asset section of the balance sheet and then prepare the liabilities and stockholders' equity sections. (Use a minus sign or parentheses for any loss amounts.) 595,000 297,250 36,000 Hardington Building Products Company Balance Sheet 400,000 At December 31 365,000 Assets 3,500,000 586,000 Notes payable, due in 5 years Retained earnings Obligations under capital leases (noncurrent) Obligations under pension plans Deferred tax liability (noncurrent) Accumulated other comprehensive loss Current portion of long-term debt Property, plant, and equipment-net Investments in affiliate companies (noncurrent) Accounts receivable Bonds payable, due in 10 years Investments at fair value (trading) Accounts payable Additional paid-in capital Dividends payable Equipment under capital lease Intangible assets-net Merchandise inventory Income taxes payable 500,000 1,800,000 255,000 480,000 760,000 60,000 2,000,500 206,800 625,900 45,000 1.820,000 Common stock, $1 par value $8,689,200 Totals $8,689,200 Print Done Choose from any list or enter any number in the input fields and then click Check

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