Reference no: EM13954564
Preparation of a classified Balance sheet Assume that Denis Savard Inc. has the following accounts at the end of the current year.
Common stock
Discount on Bonds Payable
Treasury Stock (at cost)
Notes Payable (short-term)
Raw Materials
Preferred Stock Investments (long-term)
Unearned Rent Revenue
Work in Process
Copyrights
Buildings
Notes Receivable (short-term)
Cash
Salaries and Wages Payable
Accumulated Depreciation-Buildings
Restricted Cash for Plant Expansion
Land Held for Future Plant Site
Allowance for Doubtful Accounts
Retained Earnings
Paid-in Capital in Excess of Par-Common Stock
Unearned Subscriptions Revenue
Receivabl3es-officers (due in one year)
Inventory (finished goods)
Accounts Receivable
Bonds Payable (due in 4 years)
Non-controlling Interest
*Prepare a classified balance sheet in good form (No monetary amounts are necessary.
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