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Prepare a classified balance sheet in good form. (no monetary amounts are to be shown.). Theres no standardized set of subcategories or. Presented below is a list of accounts in alphabetical order. Instructions Prepare a classified bal ance sheet in good form.

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No monetary amounts are to be shown P52 LO 2 Excel Balance Sheet Preparation Presented below are a number of balance sheet items for Montoya Inc. Problem 5-3 Time 4045 minutes Purposeto provide an opportunity for the student to prepare a balance sheet in good form. Instructions Prepare a classified balance sheet in good form.

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Balance Sheet Preparation Presented below are a number of balance sheet 125000 177591 Accumulated. Prepare a classified balance sheet in good form. It is extremely useful to include classifications since information is then organized into a format that is more readable than a simple listing of all the accounts that comprise a balance sheet.

Goodwill Payroll taxes payable Bonds payable Discount on bonds payable Cash Land Notes receivable Notes payable to. No monetary amounts are to be shown List Building and Equipment. No monetary amounts are to be shown.

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