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prepare a classified balance sheet for Blanchard Company as of December 31, 2010.

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Question

Using the following data, prepare a classified balance sheet for Blanchard Company as of December 31, 2010.;Cash;$ 200;Accumulated Depreciation? Building;$ 1,000;Investments in Short-Term Government Securities;400;Franchise;1,800;Accounts Receivable;800;Accounts Payable;1,600;Inventory;3,000;Revenues Received in Advance;400;Prepaid Rent;100;Notes Payable (in two years);4,000;Investment in Land Held for future use;2,700;John Blanchard, Capital;12,000;Land;2,000;Building;8,000

 

Paper#20913 | Written in 18-Jul-2015

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