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The President of Musicland Company requests that you prepare a classified balance sheet in report form for the compyny. The following financial data are available

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The President of Musicland Company requests that you prepare a classified balance sheet in report form for the compyny. The following financial data are available from the company's accounting records as of December 31, 2016 2,000 17,500 300 Other current assets..........1,500 Other current liabilities...... .. Stockholders' equity . Accounts payable.. Property, plant,& equipment, net 25,000

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