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Support Hannah May Rhode- Preparing a Classified Balance Sheet From the following accounts, listed in alphabetical order, prepare a classified balance sheet for Berkly Wholesalers
Support Hannah May Rhode- Preparing a Classified Balance Sheet From the following accounts, listed in alphabetical order, prepare a classified balance sheet for Berkly Wholesalers as of December 31, 2013. All accounts have normal balances. Accounts Payable $44,500 Inventory $118,500 Accounts Receivable 40,000 Land 46,500 Building 67,000 Mortgage Payable (long term) 79,500 27,500 Office Supplies 3,500 Common Stock 112,500 Retained Earnings Salaries Payable 8,500 Cash Assets Current Assets BERKLY WHOLESALERS Balance Sheet December 31, 2013 Liabilities & Stockholders' Equity Current Liabilities: Salaries payable Total Current Liabilities $
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