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Accounting Principles I (ACC 111) Completing the Accounting Cycle (Chapter 4) Homework Problems Problem 4-A Classified Balance Sheet 6,000 5,000 40,000 120,000 12,000 60,000 Accounts

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Accounting Principles I (ACC 111) Completing the Accounting Cycle (Chapter 4) Homework Problems Problem 4-A Classified Balance Sheet 6,000 5,000 40,000 120,000 12,000 60,000 Accounts Payable Accounts Receivable Accumulated Depreciation - Building Building Cash Common Stock Land Mortgage Payable Prepaid Insurance Retained Earnings Salaries Payable Supplies Unearned Fees 64,000 2,000 15,000 3,000 1,000 2,000 Requirement: Using the above amounts prepare a classified balance sheet, for the Plum Company at December 31 of the current year, that includes the correct balance for Land

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