10 Nov Required Using the information from the alphabetiz
Required Using the information from the alphabetized post-closing trial balance below, prepare a classified balance sheet for Waratah Pharmaceuticals Inc. as at March 31, 2014. Be sure to use proper form including all appropriate subtotals. Account DescriptionAccount Balance* Accounts payable . $ 20,400 Accounts receivable 67,200 Accumulated amortization, patent.. 50,400 Accumulated depreciation, equipment.. 148,800 Accumulated depreciation, vehicles . 62,400 Advertising payable . 3,000 Allowance for doubtful accounts.. 3,600 Cash.. 28,800 Common shares, 100,000 shares authorized; 25,000 shares were issued at an average price of $9.60; market price per share on March 31, 2014, was $10.80.. ? Equipment
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