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Walt Disney Company has the following account balances as of December 31, 2023: Cash: $100,000 Accounts Receivable: $250,000 Prepaid Expenses: $25,000 Equipment: $900,000 Accumulated Depreciation:
Walt Disney Company has the following account balances as of December 31, 2023:
- Cash: $100,000
- Accounts Receivable: $250,000
- Prepaid Expenses: $25,000
- Equipment: $900,000
- Accumulated Depreciation: $400,000
- Accounts Payable: $80,000
- Notes Payable: $300,000
- Common Stock: $450,000
- Retained Earnings: $50,000
Prepare a classified balance sheet for Walt Disney Company as of December 31, 2023.
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