Excel McGraw Hill Excel Question - Saved File Home Insert Draw Formulas Data Review View Help Editing Calibri 11 A A BI U A ab D C23 fx =84 A B D E F G 1 2 3 4 Use the following accounts with normal balances to prepare Bosco Company's classified balance sheet as of December 31. Merchandise inventory $3,000 5 Accounts receivable 5,000 6 Cash and equivalents 7,000 7 Notes payable (due in 8 years) 15,000 8 Accumulated depreciation-Buildings 22,000 9 Land 24,000 10 Buildings 40,000 11 Accounts payable 10,000 12 Wages payable 2,000 13 Common stock 1,000 29,000 14 Retained earnings 15 16 (Use cells A4 to B14 from the given information to complete this question.) 17 18 19 20 21 22 Current assets BOSCO COMPANY Balance Sheet December 31 Assets 23 Merchandise inventory 24 25 26 Total current assets 27 Plant assets 28 29 30 31 Total plant assets 32 Total assets 33 Liabilities 34 Current liabilities 35 36 37 Total current liabilities 38 Long-term liabilities 39 40 Total liabilities 41 42 43 44 Total liabilities and equity 45 46 Equity $3,000