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Prepare a properly classified balance sheet

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Reference no: EM13874513

On December 31, 2010, the Stevens Company bookkeeper prepared the following erroneously classified balance sheet:

2131_268-B-A-F-S (3395).png

Required:
You determine that the account balances listed on the balance sheet are correct but, in certain cases, incorrectly classified. Prepare a properly classified balance sheet for the Stevens Company as of December 31,2010. 

Reference no: EM13874513

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