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The adjusted trial balance of Pharoah Company for the year ended December 31, 2022, is as follows: Debit Credit Cash $6,800 Accounts Receivable 3,200 Notes

The adjusted trial balance of Pharoah Company for the year ended December 31, 2022, is as follows:

Debit Credit

Cash

$6,800

Accounts Receivable

3,200

Notes Receivable

6,200

Inventory

9,800

Equipment

7,600

Allowance for Doubtful Accounts

$600

Accumulated DepreciationEquipment

1,000

Notes Payable

1,200

Accounts Payable

600

Common Stock

16,900

Retained Earnings

11,600

Dividends

1,600

Sales Revenue

13,190

Interest Revenue

100

Cost of Goods Sold

7,800

Salary and Wages Expense

1,200

Rent Expense

900

Bad Debt Expense

60

Service Charge Expense

30
$45,190

$45,190

Prepare a classified balance sheet. The notes payable is due on January 10, 2023. (List Current Assets in order of liquidity.)

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