Question: Module 2 Assignment Balance Sheet The following is a list (in random order) of KIP International Products Company's December 31, 2016 balance sheet accounts of

Module 2 Assignment Balance Sheet The following is a list (in random order) of KIP International Products Company's December 31, 2016 balance sheet accounts of the International Products Company: $36,700 Additional Paid-In Capital Preferred Stack $1,200 Accounts Payable 14,800c 840 Didendal 1,440 Discount on Bonds Fable 2,700 buildings $3,300 Com Stock $20 per 13,000 Bonds Pevable (due 2015) 28.100 42,600 $1,950 Awance for Dutt Accounts Office Supple 1,360 7,500 Current Income Taxes Payab 4,070 Acounted Depreciation: 8,300 Accuted Depreciation Buldings Current Interest 15,200 ble 3,300 - 30,900 16,500 Cash 8,900 42,000 Treasury Stock (at cost) 1,300 Al din Capital on Common Stock 7,200 Accred Sing Fund for Bond Retirement 3,100 Land 12,600 Required: 1. Prepare a properly classified balance sheet according to U.S. GAAP for KIP as of December 31, 2016. Kip International Products Company Assets Current Property, art, and toget Intangible Asset Check My Work Balance Sheet December 31, 2016 Previous

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