Here is an alphabetical list of the accounts of G. Marguerite on 31 December 20X1. Required: Prepare
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Here is an alphabetical list of the accounts of G. Marguerite on 31 December 20X1.
Required:
Prepare a 31 December 20Xl classified balance sheet (without amounts) for G. Marguerite.
Transcribed Image Text:
Accounts payable Accounts receivable Administrative expenses Bonds payable (due 20X8) Buildings (net) Cash Cost of goods sold Equipment (net) General expenses Interest expense Interest payable (current) Interest receivable (current) Interest revenue Inventory Investment in government bonds (due 20X9) Land
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Related Book For
Accounting Information For Business Decisions
ISBN: 9780170253703
2nd Edition
Authors: Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh, Geoff Slaughter, Sharelle Simmons
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