From the following accounts, listed in alphabetical order, prepare a classified balance sheet for Berkly...
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Accounting
From the following accounts, listed in alphabetical order, prepare a classified balance sheet for Berkly Wholesalers as of December 31. Accounts payable $43,000 Inventory $117.000 Accounts receivable 40.000 Land 45,000 Building 67,000 Mortgage payable (long-term) 78,000 Cash 26,000 Office supplies 2.000 Common stock 111,000 Retained earnings Salaries payable 7.000 Berkly Wholesalers Balance Sheet December 31, 2018 Assets Current Assets 5 Accounts recevable 0 0 Office supplies 0 Total Current Assets 0 Noncurrent Assets Land 0 $ Total Nonduirrent Assets Total Asset Liabilities & Stockholders Equity Current Labios 5 0 Salines payable Total Current abilities Long-term ble O Long-term Liabilities > 0 0 Total Liabilities Stockholders' Equity Common stock 0 0 Total Stockholders' Equity Total Liabilities & Stockholders' Equity $ 0 0
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