Question: Additional information: Cash includes a $ 3 2 , 0 0 0 restricted amount to be used for repayment of the bonds payable in 2
Additional information:
Cash includes a $ restricted amount to be used for repayment of the bonds payable in
The cost of the machinery is $
Accounts receivable includes a $ note receivable from a customer due in
The note payable includes accrued interest of $ Principal and interest are both due on February
The company began operations in Income less dividends since inception of the company totals $
shares of no par common stock were issued in shares are authorized.
Required:
Prepare a corrected, classified balance sheet. Enter amounts in order of liquidity. Amounts to be deducted should be indicated by a
minus sign.
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