Purrfect Pets. Inc. Balance Sheet at June 30, Year1 Assets Cash $732,609 Accounts Receivable 419,200...
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Purrfect Pets. Inc. Balance Sheet at June 30, Year1 Assets Cash $732,609 Accounts Receivable 419,200 Supplies 58,400 Equipment 118,500 Other Assets 69,400 Total Assets $1,398,100 Liabilities Accounts Payable $349,200 Note Payable due June 30, Year 3 268,900 Total Liabilities 618,100 Stockholders Equity Common Stock 662,100 Retarded Earnings 117,900 Total Stockholders Equity 780,000 Total Liabilities & Stockholders Equity $1,398,100 Which line items would be classified as noncurrent on a classified balance sheet?
Purrfect Pets. Inc. Balance Sheet at June 30, Year1 Assets Cash $732,609 Accounts Receivable 419,200 Supplies 58,400 Equipment 118,500 Other Assets 69,400 Total Assets $1,398,100 Liabilities Accounts Payable $349,200 Note Payable due June 30, Year 3 268,900 Total Liabilities 618,100 Stockholders Equity Common Stock 662,100 Retarded Earnings 117,900 Total Stockholders Equity 780,000 Total Liabilities & Stockholders Equity $1,398,100 Which line items would be classified as noncurrent on a classified balance sheet?
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