Question

Use the following information to prepare a classified balance sheet for Blackmon Co. at the end of 2013:
Accounts receivable ......... $36,200
Accounts payable .......... 12,400
Cash ............... 29,650
Common stock ........... 50,000
Long-term notes payable ........ 45,500
Merchandise inventory ........ 38,300
Office equipment .......... 36,400
Retained earnings .......... 36,250
Prepaid insurance .......... 3,600



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  • CreatedOctober 26, 2013
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