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Using the following information prepare a classified balance sheet in excel and upload it here. Make sure it is in the proper columns etc be
Using the following information prepare a classified balance sheet in excel and upload it here. Make sure it is in the proper columns etc be sure to show that total assets equal to total liabilities and equity. It is due by midnight on May 29th. Accounts Payable 7, 074 Accum Depreciation-Building 1, 460 Accum Depreciation-Equipt 396 Accum Depreciation-Furnishings 979 Building 395, 400 Cash 78, 470 Equipment 62,000 Furnishings 98,000 Interest Payable 400 Land 128,000 Long Term Investments 5, 700 Mortgage Payable 329,000 Mortgage Payable-current portion 11,000 Notes Payable 40,000 Other Assets 11,000 Prepaid Insurance 4, 400 Retained Earnings 394, 841 Supplies 2, 200 Vending inventory 380 Wages Payable 400
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