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Walt Disney Company has the following account balances as of December 31, 2023: Cash: $95,000 Accounts Receivable: $150,000 Prepaid Expenses: $20,000 Equipment: $800,000 Accumulated Depreciation:

Walt Disney Company has the following account balances as of December 31, 2023:

  • Cash: $95,000
  • Accounts Receivable: $150,000
  • Prepaid Expenses: $20,000
  • Equipment: $800,000
  • Accumulated Depreciation: $300,000
  • Accounts Payable: $70,000
  • Notes Payable: $250,000
  • Common Stock: $400,000
  • Retained Earnings: $45,000

Prepare a classified balance sheet for Walt Disney Company as of December 31, 2023.

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