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Retained earnings Notes payable Bonds payable $54,600 Common stock 16,000 Interest payable 25,000 Accounts payable $76,200 3,300 8,300 Prepare the liability and stockholders' equity section
Retained earnings Notes payable Bonds payable $54,600 Common stock 16,000 Interest payable 25,000 Accounts payable $76,200 3,300 8,300 Prepare the liability and stockholders' equity section of a classified balance sheet in good form as of December 31, 2022. Assume that $3,000 of the note payable will be paid during 2023.
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