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Use the following selected accounts and amounts, all with normal balances, to prepare a classified balance sheet at December 31. Building Accumulated depreciation-Building Accounts payable
Use the following selected accounts and amounts, all with normal balances, to prepare a classified balance sheet at December 31. Building Accumulated depreciation-Building Accounts payable Cash Interest payable Notes payable (due in 5 years) Common stock Accounts receivable office supplies Salaries payable Retained earnings Balance Sheet December 31 Assets Liabilities $ 100,000 45,000 11,500 33,000 2,000 17,000 10,000 14,200 1,700 1,000 62,400
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