Question
Use the following information to prepare in good form a classified balance sheet for batman inc as of December 31, 2050: Cash. 40,000 Accumulated depreciation
Use the following information to prepare in good form a classified balance sheet for batman inc as of December 31, 2050: Cash. 40,000 Accumulated depreciation Bldgs........... $19,000 Accounts receivable 30,000 Allowance for doubtful accounts ..................2,000 Accumulated depreciation - Equip ...... 20,000 Equipment ..100,000 Long-term notes payable 70,000 Deferred (Unearned) revenue 22,000 Inventory 40,000 Prepaid rent 14,000 Accounts payable 66,000 Copyrights 18,000 Trademarks, net 10,000 Salaries & Wages payable.............. 9,000 Common stock 217,800 Retained earnings.. ........68,200 Land . 44,000 Buildings 189,000 Software, net... 9,000 Dividends.. 5,000
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