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Question 3 1 pts Prepare a classified balance sheet using the dropdown boxes below. Select...

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Accounting

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Question 3 1 pts Prepare a classified balance sheet using the dropdown boxes below. Select the best option for each section. List current assets and current liabilities in order of liquidity (how close they are to being cash or being paid off) Assets: Current Assets: Cash $XX Accounts Receivable A XX Inventory A XX [Select] A XX Total Current Assets $XX Long-Term Investments Common Stock A XX [ Select] A XX Total Long-Term Investments XX [ Select ] [ Select] XX [ Select] XX [ Select ] XX Less: [ Select ] (XX) Total Property, Plant, and Equip. XX [ Select ] 4 [Select] XX Total Assets $XX Liabilities: Current Liabilities: Accounts Payable $XX Salaries Payable XX [ Select ] XX Total Current Liabilities $XX [Select ] [ Select] A XX [ Select ] XX Total Long-Term Liabilities XX Total Liabilities XX Stockholders' Equity: Paid-in Capital: [ Select ] A XX [ Select ] XX Total Paid-in Capital XX [ Select ] XX [ Select ] XX XX Total Stockholders' Equity Total Liabilities & Stockholders' Equity $XX

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