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Create classified balance sheet for the year ended december

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Reference no: EM132608215

The following information is available for Juxton Company for the year ended December 31, 2017:

Accounts payable................................................................................... $ 2,700

Building not currently used........................................................................ 9,500

Accumulated depreciation-equipment....................................................... 4,000

K. Juxton, capital..................................................................................... 20,800

Intangible assets........................................................................................ 2,500

Notes payable (due in 5 years)................................................................. 7,500

Accounts receivable................................................................................... 1,500

Cash................................................................................................. 2,600

Short-term investments............................................................................. 1,000

Land......................................................................................................... 10,000

Equipment.................................................................................................. 7,500

Long-term investments................................................................................. 400

Instructions

Question 1: Use the above information to make classified balance sheet for the year ended December 31, 2017.

Reference no: EM132608215

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