Assume that Denis Savard Inc. has the following accounts at the end of the current year.
| 1. | Common Stock | 14. | Accumulated Depreciation-Buildings. | |||
|---|---|---|---|---|---|---|
| 2. | Discount on Bonds Payable. | 15. | Cash Restricted for Plant Expansion. | |||
| 3. | Treasury Stock (at cost). | 16. | Land Held for Future Plant Site. | |||
| 4. | Notes Payable (short-term). | 17. | Allowance for Doubtful Accounts. | |||
| 5. | Raw Materials | 18. | Retained Earnings. | |||
| 6. | Preferred Stock (Equity) Investments (long-term). | 19. | Paid-in Capital in Excess of Par-Common Stock. | |||
| 7. | Unearned Rent Revenue. | 20. | Unearned Subscriptions Revenue. | |||
| 8. | Work in Process. | 21. | Receivables-Officers (due in one year). | |||
| 9. | Copyrights. | 22. | Inventory (finished goods). | |||
| 10. | Buildings. | 23. | Accounts Receivable. | |||
| 11. | Notes Receivable (short-term). | 24. | Bonds Payable (due in 4 years). | |||
| 12. | Cash. | 25. | Noncontrolling Interest. | |||
| 13. | Salaries and Wages Payable. |
Prepare a classified balance sheet in good form. (List Current Assets in order of liquidity. For Land, Treasury Stock, Notes Payable, Preferred Stock Investments, Notes Receivable, Receivables-Officers, Inventory, Bonds Payable, and Restricted Cash, enter the account name only and do not provide the descriptive information provided in the question.)