Clear Water Co reports the following balance sheet accounts as of December 31 Prepare a classified balance sheet Buildings $25,000 Notes payable (due in 7 years) $30,000 Accounts receivable 2,000 Office supplies 1,000 Land 11,000 Common stock 10,000 Merchandise inventory 7,000 Retained earnings 6,0...

Clear Water Co Classified Balance Sheet as of December 31 Asset ...

Clear Water Co. reports the following balance sheet accounts as of December 31. Prepare a classified balance

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Clear Water Co. reports the following balance sheet accounts as of December 31. Prepare a classified balance sheet.

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Clear Water Co. reports the following balance sheet accounts as of December 31. Prepare a classified balance

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Buildings ... $25,000 Notes payable (due in 7 years) $30,000 Accounts receivable. 2,000 Office supplies... 1,000 Land..... 11,000 Common stock. 10,000 Merchandise inventory. 7,000 Retained earnings 6,000 Accounts payable. 5,000 Wages payable... 3,000 Cash. .... 8,000

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