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Use the following accounts with normal balances to prepare Bosco Company's classified balance sheet as of December 31. Merchandise inventory Accounts receivable Cash and equivalents
Use the following accounts with normal balances to prepare Bosco Company's classified balance sheet as of December 31. Merchandise inventory Accounts receivable Cash and equivalents Notes payable (due in 8 years) Accumulated depreciation-Buildings $ 3,100 Land 5,100 Buildings 7,100 Accounts payable 15,100 Wages payable 22,100 Common stock Retained earnings $ 24,100 40,200 10,100 2,100 1,100 29,100 BOSCO COMPANY Balance Sheet December 31 Assets Current assets Total current assets $ 0 Plant assets 0 0 Total plant assets Total assets $ 0 Liabilities Liabilities Current liabilities 0 Total current liabilities Long-term liabilities Total liabilities Equity 0 Total equity Total liabilities and equity
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