Question: answer required question please use x instead of amount Problem 4-60 Preparing a Classified Balance Sheet LO2 Miscellaneous expense. Following is the chart of accounts
Problem 4-60 Preparing a Classified Balance Sheet LO2 Miscellaneous expense. Following is the chart of accounts for Pavin Corp. for 2020. Accounts payable. Discount on bonds payable. Marketable securities (short-term). Accounts receivable, Dividends payable. Accrued expenses. Equipment Overhead. Accumulated amortization, Finished goods. Paid-in capital in excess of par- Accumulated depreciation Gain on sale of marketable common stock. Allowance for doubtful accounts. securities. Patents. Amortization expense. General and administrative Prepaid expense. Bad debt expense. expense. Purchases. Bonds payable. Goodwill. Raw materials. Bond sinking fund. Income tax expense. Restricted cash (long-term). Buildings Income tax payable. Retained earnings Cash Interest payable Salaries expense. Cash surrender value of life Investment in common stock, not Salaries payable insurance policies. intended for resale Sales revenue. Common stock Investment in subsidiaries. Travel and entertainment expense. Cost of goods sold Land. Work in process Deferred tax liabilities, net. Licenses. Depreciation expense. Loss on sale of land. Required Prepare a classified balance sheet in proper form as of December 31, 2020. Use "x" instead of amounts. As Problem 4-60 Preparing a Classe Balance Sheet LO2 Miscellaneous expense. sation Following is the chart of accounts for Pavin Corp. for 2020. Accounts payable. Discount on bonds payable. Marketable securities (short-term). Accounts receivable, Dividends payable. Accrued expenses Equipment Overhead. Accumulated amortization. Finished goods. Paid-in capital in excess of par Accumulated depreciation Gain on sale of marketable common stock Allowance for doubtful accounts. securities. Patents. Amortization expense. General and administrative Prepaid expense. Bad debt expense. expense. Purchases. Bonds payable. Goodwill. Raw materials. Bond sinking fund. Income tax expense. Restricted cash (long-term). Buildings. Income tax payable. Retained earnings Cash Interest payable Salaries expense Cash surrender value of life Investment in common stock, not Salaries payable. insurance policies. intended for sale. Sales revenue. Common stock Investment in subsidiaries. Travel and entertainment expense. Cost of goods sold. Land, Work in process Deferred tax liabilities, net. Licenses. Depreciation expense. Loss on sale of land. Required Prepare a classified balance sheet in proper form as of December 31, 2020. Use "x" instead of amounts
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