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The following information pertains to Lofi Radio Broadcasting: Notes payable Accounts receivable Property, plant, and equipment Accounts payable Cash Unearned revenue Patent Retained earnings Common
The following information pertains to Lofi Radio Broadcasting: Notes payable Accounts receivable Property, plant, and equipment Accounts payable Cash Unearned revenue Patent Retained earnings Common stock $ 171,000 73,500 385,500 58,000 86,500 23,500 16,500 154,500 155,000 Required: Prepare a classified balance sheet for Lofi Radio Broadcasting.
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