Preparation of a Classified Statement of Financial Position Periodic Inventory Presented below is a list of accounts
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Prepare a classified statement of financial position in good from. (No monetary amounts are to beshown.)
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Accounts Receivable Land for Future Plant Site Accrued Wages Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Advance to Employees Advertising Expense Allowance for Doubtful Accounts Loss from Flood Minority Interest Notes Payable (due next year) Patent Payroll Taxes Payable Petty Cash Prepaid Rent Bond Sinking Fund Bonds Payable Building Provision for Pension Benefits Purchases Purchase Returns and Allowances Retained Earnings Sale, Cash in Bank Cash on Hand Commission Expanse Copyright Dividends Payable Equipment Gain on Sale of Equipment Intere st Receivable Sales Discounts Sales Salaries Share Capital-Ordinary Share Capital-Preference Share Premium-Ordinary Trading Securities Transportation-in Treasury Shares (at cost) Unarmed Subscriptions Revenue Inventory-Beginning inventory-Ending Land
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