the following selected accounts and amounts with normal balances from Andrea Company's adjusted trial balance to prepare its sified balance sheet at December 31 counts payable od sh Jacles payable Andrea, Capital chinery epaid insurance $8,600 Accounts receivable 31,000 Accumulated depreciation Machinery 13,300 Notes payable (due in 7 years) 1.100 Long-term Investments in bonds 43,600 Notes receivabile (due in a years) 20,000 Merchandise inventory 2,400 ANDREA CO. Balance Sheet December 31 Assets $4,100 16,400 29,800 7,200 15,600 5,100

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Use the following selected accounts and amounts with normal balances from Andrea Company's adjusted trial balance to prepare its
classified balance sheet at December 31
Accounts payable
Land
Cash
Salarles payable
5. Andrea, Capital
Machinery
Prepaid insurance
$8,00 Accounts receivable
31,000 Accumulated depreciation Machinery
13,300 Notes payahle (due in 7 years)
1.100 Long-term investments in bonds
43,600 Notes receivable (due in 4 years)
20,800 Merchandise inventory
2,400
ANDREA CO.
Balance Sheet
December 31
Assets
$4,100
16,400
19,800
7,200
15,600
5,100
Check my work
Transcribed Image Text:Use the following selected accounts and amounts with normal balances from Andrea Company's adjusted trial balance to prepare its classified balance sheet at December 31 Accounts payable Land Cash Salarles payable 5. Andrea, Capital Machinery Prepaid insurance $8,00 Accounts receivable 31,000 Accumulated depreciation Machinery 13,300 Notes payahle (due in 7 years) 1.100 Long-term investments in bonds 43,600 Notes receivable (due in 4 years) 20,800 Merchandise inventory 2,400 ANDREA CO. Balance Sheet December 31 Assets $4,100 16,400 19,800 7,200 15,600 5,100 Check my work
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