Question: Using the information provided in BE 6- 8, prepare a classified balance sheet using the account format. In BE 6- 8 Account Accumulated other comprehensive
In BE 6- 8
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Account Accumulated other comprehensive loss Current portion of long-term debt Property, plant, and equipment-net Accounts receivable Bonds payable, due in 20 years Accounts payable Additional paid-in capital Dividends payable Merchandise inventory Income taxes payable Cash Notes payable, due in 10 years Retained earnings Common stock, $1 par value Debit Credit 14,900 $ 45,600 876,500 50,000 125,000 76,500 345,000 1200 200,000 32,500 15,325 9,000 400,900 121,025 $1,156,725 $1,156,725 Totals
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