(Preparation of a Classified Balance Sheet, Periodic Inventory) Presented below is a list of accounts in...

 

Transcribed Image Text:

(Preparation of a Classified Balance Sheet, Periodic Inventory) Presented below is a list of accounts in alpha- betical order. Accounts Receivable Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accumulated Other Comprehensive Income Advances to Employees Advertising Expense Allowance for Doubtful Accounts Bond Sinking Fund Bonds Payable Buildings Cash (in bank) Cash (on hand) Cash Surrender Value of Life Insurance Commission Expense Common Stock Inventory-Ending Land Land for Future Plant Site Loss from Flood Noncontrolling Interest Notes Payable (due next year) Paid-in Capital in Excess of Par-Preferred Stock Patents Payroll Taxes Payable Pension Liability Petty Cash Preferred Stock Premium on Bonds Payable Prepaid Rent Purchase Returns and Allowances Copyrights Debt Investments (trading) Dividends Payable Equipment Freight-In Gain on Disposal of Equipment Purchases Retained Earnings Salaries and Wages Expense (sales) Salaries and Wages Payable Sales Discounts Sales Revenue Interest Receivable Treasury Stock (at cost) Unearmed Subscriptions Revenue Inventory-Beginning Instructions Prepare a classified balance sheet in good form. (No monetary amounts are to be shown.) (Preparation of a Classified Balance Sheet, Periodic Inventory) Presented below is a list of accounts in alpha- betical order. Accounts Receivable Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accumulated Other Comprehensive Income Advances to Employees Advertising Expense Allowance for Doubtful Accounts Bond Sinking Fund Bonds Payable Buildings Cash (in bank) Cash (on hand) Cash Surrender Value of Life Insurance Commission Expense Common Stock Inventory-Ending Land Land for Future Plant Site Loss from Flood Noncontrolling Interest Notes Payable (due next year) Paid-in Capital in Excess of Par-Preferred Stock Patents Payroll Taxes Payable Pension Liability Petty Cash Preferred Stock Premium on Bonds Payable Prepaid Rent Purchase Returns and Allowances Copyrights Debt Investments (trading) Dividends Payable Equipment Freight-In Gain on Disposal of Equipment Purchases Retained Earnings Salaries and Wages Expense (sales) Salaries and Wages Payable Sales Discounts Sales Revenue Interest Receivable Treasury Stock (at cost) Unearmed Subscriptions Revenue Inventory-Beginning Instructions Prepare a classified balance sheet in good form. (No monetary amounts are to be shown.)

Answer rating: 100% (QA)

COMPANY NAME BALANCE SHEET December 31 20XX Assets Details Amount Total amount Property Plant and Eq... View the full answer