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Use the following accounts with normal balances to prepare Bosco Companys classified balance sheet as...

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Accounting

Use the following accounts with normal balances to prepare Bosco Companys classified balance sheet as of December 31.

Merchandise inventory $ 4,300 Land $ 25,300
Accounts receivable 6,300 Buildings 42,600
Cash and equivalents 8,300 Accounts payable 11,300
Notes payable (due in 8 years) 16,300 Wages payable 3,300
Accumulated depreciationBuildings 23,300 Common stock 2,300
Retained earnings 30,300
BOSCO COMPANY
Balance Sheet
December 31
Assets
Current assets
Cash and equivalents
Accounts receivable
Merchandise inventory
Total current assets $0
Plant assets
0
Land
Total plant assets 0
Total assets $0
Liabilities
Current liabilities
Accounts payable
Wages payable
Total current liabilities 0
Long-term liabilities
Notes payable
Total liabilities
Equity
Total equity 0
Total liabilities and equity

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