Exercise 5-4 Your answer is partially correct. Try again. Assume that Denis Savard Inc. has the following accounts at the end of the current year, 1. Common Stock 2. Discount on Bonds Payable. 3. Treasury Stock (at cost). 4. Notes Payable (short-term). 5. Raw Materials 6. Preferred Stock (Equity) Investments (long-term). 7. Unearned Rent Revenue. 8. Work in Process. 9. Copyrights. 10. Buildings. 11. Notes Receivable (short-term). 12. Cash 13. Salaries and Wages Payable. 14. Accumulated Depreciation-Buildings. 15. Cash Restricted for Plant Expansion. 16. Land Held for Future Plant Site. 17. Allowance for Doubtful Accounts 18. Retained Earnings. 19. Paid-in Capital in Excess of Par-Common Stock. 20. Unearned Subscriptions Revenue. 21. Receivables-Officers (due in one year). 22. Inventory (finished goods). 23. Accounts Receivable. 24. Bonds Payable (due in 4 years). 25. Noncontrolling Interest. Prepare a classified balance sheet in good form. (List Current Assets in order of liquidity. For Land, Treasu Receivables-Officers, Inventory, Bonds Payable, and Restricted Cash, enter the account name only an / Work-in-Process / Raw Materials by Study / Total Current Assets $XXX / Long-term Investments Preferred Stock Investments XXX Land hell for future plan site cash restricted for plan expansion T Total Long-term Investments Property, plant and Equipment