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Consider the following account balances of Evan McGruder, Incorporated, as of December 31, Year 3:...

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Accounting

Consider the following account balances of Evan McGruder, Incorporated, as of December 31, Year 3: Accounts Payable $ 110,200 Retained Earnings $ 56,700 Equipment 423,600 Notes Payable, due Year 5 345,200 Common Stock 210,000 Accounts Receivable 204,500 Income Tax Payable 4,100 Cash 98,100 Required: Prepare a classified balance sheet at December 31, Year 3. Consider the following account balances of Evan McGruder, Incorporated, as of December 31, Year 3: Accounts Payable $ 110,200 Retained Earnin

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