Question: te your answer in the space provided or on a separate sheet of paper. San Pedro Industries Presented below of the current year. are selected
te your answer in the space provided or on a separate sheet of paper. San Pedro Industries Presented below of the current year. are selected accounts from the adjusted trial balance (S Millions) for San Pedro Industries for June 30 DebitCredit Accounts Receivable-trade Building and Equipment Cash in bank-Operating Interest Receivable Installment receivables Merchandise Inventory Land Notes receivable-Long term Petty cash Prepaid expenses current Supplies Patent Accounts Payable-Trade Accumulated Depreciation Additional Paid in Capital Allowance for Uncollectible Accounts Cash Dividends Payable Common Stock-$1 par value Income tax payable Notes payable-2 years Retained Earnings Unearned Revenues-2 years Cash Dividends Declared Income Summary TOTALS $895 1425 76 60 120 100 600 475 12 46 28 85 710 375 95 50 90 105 1000 85 125 200 762 $4122 $4122 21) Prepare a classified balance sheet for San Pedro Industries. (13 points)
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