The following information is available for Falcon Mercantile for the year ended October 31, 2023: Cash Accounts Receivable 139,250 15,000 Supplies 2,100 Equipment 27,000 Accumulated Depreciation- 6,300 Equipment Accounts Payable 21,000 Notes Payable 23,050 Owner's Ending Capital 141,400 Short-term Investments 1,000 Intangible Assets 1,500 5,900 Long-term Investments Prepare a classified balance sheet for the year ended October 31, 2023. Use spaces to demonstrate good form

The following information is available for Falcon Mercantile for the year ended October 31, 2023: Cash Accounts Receivable 139,250 15,000 Supplies 2,100 Equipment 27,000 Accumulated Depreciation- 6,300 Equipment Accounts Payable 21,000 Notes Payable 23,050 Owner's Ending Capital 141,400 Short-term Investments 1,000 Intangible Assets 1,500 5,900 Long-term Investments Prepare a classified balance sheet for the year ended October 31, 2023. Use spaces to demonstrate good form

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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