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The following accounts and related balances of ABC Company are as at December 3 1 , 2 0 2 0 prior to the closing journal
The following accounts and related balances of ABC Company are as at December prior to the closing journal entries. Accrued Liabilities$Preferred Shares, $ cumulative, authorized and issuedPrepaid ExpensesAccounts PayableInterest ExpenseTrademark, netLongterm Note PayableProperty, Plant, and Equipment, netRetained EarningsAccounts Receivable, netInventoryCommon Shares, shares authorized; shares issuedCashOrganization Costs Additional information: Total Assets, January $Net income for $No new shares were issued in Referring to Table above, prepare a classified balance sheet as at December
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