quia resources showed the following alphabetized adjusted trial balance at october 3 4373113

Quia Resources showed the following alphabetized adjusted trial balance at October 31, 2014:Account……………….BalanceAccounts payable…………………………………………….. $ 18,400Accounts receivable……………………………………………….. 27,200Accumulated amortization, mineral rights………………… 30,400Accumulated amortization, trademark………………………. 22,400Accumulated depreciation, building………………………….. 81,600Accumulated depreciation, equipment ……………………. 110,400Allowance for doubtful accounts………………………………… 1,920Ave Quia, capital…………………………………………………… 221,280Building……………………………………………………………….. 147,200Cash………………………………………………………………………… 9,600Equipment…………………………………………………………….. 184,000Expenses ……………………………………………………………. 1,443,200Land ……………………………………………………………………… 89,600Mineral rights ………………………………………………………… 57,600Note payable……………………………………………………………. 72,000Revenues ……………………………………………………………. 1,433,600Trademark………………………………………………………………. 33,600Other information:a. All accounts have normal balances.b. $38,000 of the note payable is due after October 31, 2015.Required Prepare a classified balance sheet at October 31, 2014.View Solution:
Quia Resources showed the following alphabetized adjusted trial balance at

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