Question: e. Examples of Non-Current Liabs include: 1. Notes payable due beyond next 12 mths, bonds payable, etc f. Stockholders' Equity section consists of: 1. Stock

e. Examples of Non-Current Liabs include: 1. Notes payable due beyond next 12 mths, bonds payable, etc f. Stockholders' Equity section consists of: 1. Stock details (preferred, common, treasury...and Addt'l Pa (APIC)) ii. Retained Earnings Other Notes: A) see page #215 for example of Classified Balance Sheet B) "Working Capital" is defined as current assets minus current liabilities GRADED ASSIGNMENT - Due THUNDAY P5-2 (page #248) FEB 20TH Required: 1) Prepare a formal, classified Balance Sheet based on the info herein 2) Note: the balance in Retained Earnings will be = $713,897 e. Examples of Non-Current Liabs include: 1. Notes payable due beyond next 12 mths, bonds payable, etc f. Stockholders' Equity section consists of: 1. Stock details (preferred, common, treasury...and Addt'l Pa (APIC)) ii. Retained Earnings Other Notes: A) see page #215 for example of Classified Balance Sheet B) "Working Capital" is defined as current assets minus current liabilities GRADED ASSIGNMENT - Due THUNDAY P5-2 (page #248) FEB 20TH Required: 1) Prepare a formal, classified Balance Sheet based on the info herein 2) Note: the balance in Retained Earnings will be = $713,897

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