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The following accounts appeared on the trail balance of Biden Company at December 31, 2019 Pension fund Allowance for Doubtful Accts. Material control Salaries and

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The following accounts appeared on the trail balance of Biden Company at December 31, 2019 Pension fund Allowance for Doubtful Accts. Material control Salaries and Wages Payable Prepaid Rent for 3 years Appropriated Retained Earnings Accounts Receivable Preferred Stock Land used as parking Notes Receivable (Due 12/12/2023) Common Stock Accounts Payable 1,125,600 Cash 682,000 31,200 Trademark 771,600 6,321,000 Notes Payable (short-term) 768,000 136,800 Income Taxes Payable 624,000 224,000 Unappropriated Retained Earnings 1,272,000 1,176,000 Supplies 151,200 2,073,600 Computers 7,704,000 3,000,000 Trading Securities 292,800 1,860,000 Bank overdraft 22,800 552,000 Bonds Payable Due 1/1/2023 4,800,000 4,500,000 Accumulated Depreciation - comp. 765,600 1,639,800 Additional Paid-in Capital 655,200 Required: Prepare classified Balance sheet statement

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