From the following data, prepare a classified balance sheet for Low Price Company at December 31, 2000.
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From the following data, prepare a classified balance sheet for Low Price Company at December 31, 2000. Accounts payable. $ 46,500 Accounts receivable 99,000 Buildings 325,500 Owners' equity, 1/1/00 150,000 Cash. 116,250 Distributions to owners during 2000. 18,750 Supplies 2,250 Land.. 165,000 Mortgage payable. 412,500 Net income for 2000 117,750 Owners' equity, 12/31/00.
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Related Book For 
Survey Of Accounting
ISBN: 9780538846172
1st Edition
Authors: James D. Stice, W. Steve Albrecht, Earl Kay Stice, K. Fred Skousen
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