The following, listed in alphabetical order, are the adjusted accounts of Rainforest Inc. as of December 31,
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The following, listed in alphabetical order, are the adjusted accounts of Rainforest Inc. as of December 31, 2022: Accounts Payable $3,900, Accounts Receivable $1,700, Accumulated Depreciation—Equipment $6,000, Bonds Payable $31,000, Cash $1,300, Common Stock $20,000, Equipment $50,000, Notes Payable (current) $2,200, Inventory $3,700, Notes Payable (long term) $5,000, Land $26,000, Retained Earnings $15,000, and Supplies $400. Prepare a classified balance sheet in good form as of December 31, 2022. Identify financial statement for selected accounts.
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