Question: Exercise 7-22A (Algo) Preparing a classified balance sheet LO 7-10 Required Use the following information to prepare a classified balance sheet for Alpha Co. at


Exercise 7-22A (Algo) Preparing a classified balance sheet LO 7-10 Required Use the following information to prepare a classified balance sheet for Alpha Co. at the end of Year 1. \begin{tabular}{|l|l|l|} \hline \multicolumn{1}{|c|}{ Total current assets } & & \\ \hline Property, plant and equipment & & \\ \hline & & \\ \hline \multicolumn{1}{|c|}{ Total property, plant and equipment } & & \\ \hline Total assets & & \\ \hline Liabilities and Stockholders' Equity & & \\ \hline Current liabilities & & \\ \hline & & \\ \hline & & \\ \hline Long-term liabilities & & \\ \hline & & \\ \hline & & \\ \hline Total liabilities & & \\ \hline Stockholders' equity & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Total stockholders' equity liabilities and stockholders' equity & & \\ \hline \end{tabular}
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