Reference no: EM131809692

Question - Oscar's outfitter has provided you with a list of their balance sheet accounts in alphabetical order related to December 31, 2011.

Accounts Receivable                                              28,600

Accounts Payable                                                  31,400

Accumulated Depreciation- Buildings                       211,000

Accumulated Depreciation- Equipment                     28,000

Allowance for Doubtful Accounts                             2,800

Bonds Payable                                                      360,000

Buildings                                                              835,000

Cash                                                                   45,000

 Common Stock                                                   265,000

Copyrights                                                          25,000

Equipment                                                          75,000

Finished Goods Inventory                                    100,000

Land                                                                  89,000

Materials & Supplies Inventory                             43,000

Patents                                                              74,000

Preferred Stock                                                  100,000

Prepaid Insurance                                               6,800

Retained Earnings                                               356,150

Trademarks                                                       65,000

Unearned Fees                                                   28,000

Wages and Salaries Payable                                4,050

Prepare a classified Balance sheet by including all of the above accounts under one of the following categories:

Current Assists

Property, Plant, and Equipment

Other long-term assets

Current Liabilities

Long-term Liabilities

Stockholders' Equity