Greece Corporation has the following accounts in its general ledger as at December 31, 2023....
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Accounting
Greece Corporation has the following accounts in its general ledger as at December 31, 2023. The company was authorized to issue 500,000 common shares and had actually issued 310,000. Accounts payable Accounts receivable Accumulated depreciation - buildings Accumulated depreciation - equipment Allowance for expected credit losses Bank overdraft Bonds payable, due May 1, 2030 Buildings Cash Common shares Contributed surplus Equipment Goodwill Inventory Long-term investments Land Notes payable, due June 30, 2032 Notes payable, due October 1, 2024, Patent Prepaid insurance Retained earnings Salaries and wages payable Income tax payable Prepare a classified statement of financial position in good form without numerical amounts
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