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Use the following accounts with normal balances to prepare Bosco Company's classified balance sheet as of December 31. MerchandiseinventoryAccountsreceivableCashandequivalentsNotespayable(duein8years)Accumulateddepreciation-Buildings$3,900Land5,900Buildings7,900Accountspayable15,900Wagespayable22,900Commonstock$24,90041,80010,9002,9001,900Retainedearnings29,900

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Use the following accounts with normal balances to prepare Bosco Company's classified balance sheet as of December 31. MerchandiseinventoryAccountsreceivableCashandequivalentsNotespayable(duein8years)Accumulateddepreciation-Buildings$3,900Land5,900Buildings7,900Accountspayable15,900Wagespayable22,900Commonstock$24,90041,80010,9002,9001,900Retainedearnings29,900

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