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Prepare a balance sheet Blue Spruce...

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Accounting

Prepare a balance sheet
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Blue Spruce Department Store is located in midtown Metropolis. During the past several years, net income has been declining because is and adjusted balances. Additional data: Notes payable are due in 2031. BLUE SPRUCE DEPARTMENT STORE Retained Earnings Statement For the Year Ended November 30, 2027 Retained Earnings, December 1, 2026 Retained Earnings, November 30, 2027 Listof Accounts Assistance Used Accounts Payabie Accounts Receivable Actumulated Depreciation-Equipment Advertising Expense Cash Common 5rock Cost of Goods Sold Deprexiation Expene Equipment Freigh-Out Gain on Disposal of Plant Assets Income Tax Expense Income Taxes Payable frourance Expense Interest Expense Interest Reverve Inventory toss en Disposat of Pint Assets Na Entry Notes payable Prepaid insurance Purchases Rent Expense. Rent Revenue Retearch and Development Expense Retained Earmings: Salaries and Wages Evgense Salaries and Wages Parable Sales Discounts Sales Returns and Allowances Sales Revenue UTitites Expense Prepare a classified balance sheet, (Ust airnent assets in order of liquaidity) BLUE SPRUCE DEPARTMENT STORE Balance sheet For the Year finded November 30, 2020 Assets 5 5 5 Liabilities and Stockholders' Equity 5 5

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