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Prepare a Classified Balance Sheet Dated December 31,2012 Given the Following

Question 116

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Prepare a classified balance sheet dated December 31,2012 given the following account balances of Helder Company.
 Long-term Note Payable $11,000 Accounts Receivable 4,400 Accounts Payable 6,300 Additional Paid-in Capital 12,500 Prepaid Insurance 900 Wages Payable 2,600 Accumulated Depreciation, Equipment 9,100 Capital Stock 3,700 Inventory 8,200 Interest Payable 3,700 Retained Earnings 24,000 Equipment 55,200 Cash 4,200\begin{array}{ll}\text { Long-term Note Payable } & \$ 11,000 \\\text { Accounts Receivable } & 4,400 \\\text { Accounts Payable } & 6,300 \\\text { Additional Paid-in Capital } & 12,500 \\\text { Prepaid Insurance } & 900 \\\text { Wages Payable } & 2,600 \\\text { Accumulated Depreciation, Equipment } & 9,100 \\\text { Capital Stock } & 3,700 \\\text { Inventory } & 8,200 \\\text { Interest Payable } & 3,700 \\\text { Retained Earnings } & 24,000 \\\text { Equipment } & 55,200 \\\text { Cash } & 4,200\end{array}

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