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Accounts payable Accounts receivable Accumulated depreciation buildings Accumulated depreciation equipment Allowance for uncollectible accounts Restricted cash (to be used in 10 years) Bonds payable (due in 10 years) Buildings Notes payable (due in 6 months) Notes receivable (due in 2 years) Patent (net) Additional paid-in capital Prepaid expenses Cash Common stock Copyright (net) Equipment Interest receivable (due in three months) Inventory Land (in use) Long-term investments Interest payable (current) Retained earnings Short-term investments Income taxes payable Salaries payable Required: Prepare a classified balance sheet ignoring monetary amounts. (Enter the answer in the order of liquidity.) Name of Company Balance Sheet At [date] Assets Assets Current assets: Cash Short-term investments Accounts receivable Allowance for uncollectible accounts Inventory Interest receivable Prepaid expenses ......... Total current assets Investments Long-term investments Notes receivable Restricted cash Additional paid in capital Total investments Property, plant, and equipment Land Buildings Equipment Less: Accumulated depreciation - buildings Less. Accumulated depreciation - equipment Net property, plant, and equipment Intangible assets: Copyright (net) Patent (net) Total intangible assets Total assets Liabilities and Shareholders' Equity Current habilities: Accounts payable Notes payable Income taxes payable Salaries payable Total current liabilities Long-term liabilities: Bonds payable Total liabilities Shareholders' equity Common stock Retained eamings Total shareholders' equity Total liabilities and shareholders' equity

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