a. a $46,000 note due in six months. b. a $106,000 note due in six years....

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a. a $46,000 note due in six months. b. a $106,000 note due in six years. c. a $78,000 note due in three annual installments of $26,000 each, with the next installment due August 31, 2025. 5. The common stock account represents 406,000 shares of no par value common stock issued and outstanding. The corporation has 812,000 shares authorized. Required: Prepare a classified balanced sheet for the Weismuller Publishing Company at December 31, 2024. Note: Amounts to be deducted should be indicated by a minus sign. Current assets: Cash and cash equivalents Accounts receivable Accounts receivable Net accounts receivable Inventory WEISMULLER PUBLISHING COMPANY Balance Sheet At December 31, 2024 Assets Total current assets Property, plant, and equipment: 172,000 $ 77,000 150,000 172,000 399,000 a. a $46,000 note due in six months. b. a $106,000 note due in six years. c. a $78,000 note due in three annual installments of $26,000 each, with the next installment due August 31, 2025. 5. The common stock account represents 406,000 shares of no par value common stock issued and outstanding. The corporation has 812,000 shares authorized. Required: Prepare a classified balanced sheet for the Weismuller Publishing Company at December 31, 2024. Note: Amounts to be deducted should be indicated by a minus sign. Current assets: Cash and cash equivalents Accounts receivable Accounts receivable Net accounts receivable Inventory WEISMULLER PUBLISHING COMPANY Balance Sheet At December 31, 2024 Assets Total current assets Property, plant, and equipment: 172,000 $ 77,000 150,000 172,000 399,000

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