- 2 The Following Information Was Obtained From The Accounts Of Company X Dated December 31 2020 Account Payable 187 91 1 (228.55 KiB) Viewed 19 times
2. The following information was obtained from the accounts of
Company X dated December 31, 2020. Account payable 187,916 Account receivable 77,551 Salary payable 53,952 Accumulated depreciation 220,541 Allowance for doubtful account 1248 Capital in excess of par 72,913 Cash 58,837 Common stock 17,152 Current debt 36,875 Deferred income tax liability (long term) 52,070 Inventory 26,643 Investment and special fund (long term) 11,901 Long-term debt 390,808) Marketable securities 7,042 Other assets 10,727 Prepaid expenses 3,963 Property, plant and equipment 829,980 (Retained earnings 187,361 Unearned transportation revenue 16,808 Required: Prepare a classified balance sheet in report form Show transcribed image text