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Business, 12.08.2021 23:30 ilianysacosta10

Adams Company reports the following balance sheet accounts as of December 31. Salaries payable $ 7,700 D. Adams, Capital $ 94,000
Buildings 82,200 Notes payable (due in 9 years) 64,000
Prepaid rent 8,700 Office supplies 5,400
Merchandise inventory 17,400 Land 56,000
Accounts payable 27,000 Accumulated depreciationâBuilding 8,400
Prepaid insurance 6,400 Mortgages payable (due in 5 years) 46,000
Accounts receivable 21,000 Cash 50,000
Required:
Prepare a classified balance sheet.

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Adams Company reports the following balance sheet accounts as of December 31. Salaries payable $ 7,...
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