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Business, 26.01.2022 21:20 ddaly55

Preparing a Classified Balance Sheet From the following accounts, listed in alphabetical order, prepare a classified balance sheet for Halford Wholesalers as of December 31. All accounts have normal balances. Accounts Payable $55,000
Inventory $142,000
Accounts Receivable 61,000
Land 58,000
Building and Equipment 87,000
Mortgage Payable (long term) 82,000
Cash 40,000
Office Supplies 2,000
Common Stock 125,000
Retained Earnings ?
Salaries payable 8000

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