Question: I only have one line item wrong and I can't figure it out! Assume that Denis Savard Inc. has the following accounts at the end

I only have one line item wrong and I can't figure it out!

Assume that Denis Savard Inc. has the following accounts at the end of the current year.

1.

Common Stock.

14. Accumulated Depreciation-Buildings.
2.

Discount on Bonds Payable.

15. Restricted Cash for Plant Expansion.
3.

Treasury Stock (at cost).

16. Land Held for Future Plant Site.
4.

Notes Payable (short-term).

17. Allowance for Doubtful Accounts.
5.

Raw Materials.

18. Retained Earnings.
6.

Preferred Stock Investments (long-term).

19. Paid-in Capital in Excess of Par-Common Stock.
7.

Unearned Rent Revenue.

20. Unearned Subscriptions Revenue.
8.

Work in Process.

21. Receivables-Officers (due in one year).
9.

Copyrights.

22. Inventory (finished goods).
10.

Buildings.

23. Accounts Receivable.
11.

Notes Receivable (short-term).

24. Bonds Payable (due in 4 years).
12.

Cash.

25. Noncontrolling Interest.
13.

Salaries and Wages Payable.

Prepare a classified balance sheet in good form.

My answer: (the one in red is the wrong answer)

I only have one line item wrong and I can't figure it

Common Stock XXX Additional Paid-in Capital Paid-in Capital in Excess of Par - Common Stock XXX Total Paid-in Capital xxx Retained Earnings XXX Total Paid-in Capital and Retained Earnings XXX Less : Treasury Stock (XXX) Total Paid-in Capital and Retained Earnings XXX Noncontrolling Interest xxx Total Stockholders' Equity XXX Total Liabilities and Stockholders' Equity $XXX eTextbook and Media

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