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Use the following information to prepare a classified balance sheet for Alpha Co. at the end of 2016 Accounts receivable Accounts payable Cash Common stock

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Use the following information to prepare a classified balance sheet for Alpha Co. at the end of 2016 Accounts receivable Accounts payable Cash Common stock Land Long-term notes payable Merchandise inventory Retained earnings $41,790 8,515 14,150 42,000 28,450 21,550 31,675 44,000 ALPHA co Classified Balance Sheet As of December 31, 2016 Current assets Total current assets Property, plant and equipment Total property, plant and equipment Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Total liabilities Stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity

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