(Preparation of a Classified Balance Sheet, Periodic Inventory) Presented below is a list of accounts in alphabetical order.
Accounts Receivable
Buildings
Accumulated Depreciation—Buildings
Cash (in bank)
Accumulated Depreciation—Equipment
Cash (on hand)
Accumulated Other Comprehensive Income
Cash Surrender Value of Life Insurance
Advances to Employees
Commission Expense
Advertising Expense
Common Stock
Allowance for Doubtful Accounts
Interest Receivable
Bond Sinking Fund
Inventory—Beginning
Bonds Payable
Inventory—Ending
Land
Prepaid Rent
Land for Future Plant Site
Purchase Returns and Allowances
Loss from Flood
Purchases
Notes Payable (due next year)
Retained Earnings
Paid-in Capital in Excess of Par—Preferred Stock
Salaries and Wages Expense (sales)
Patents
Salaries and Wages Payable
Payroll Taxes Payable
Sales Discounts
Pension Liability
Sales Revenue
Petty Cash
Treasury Stock (at cost)
Preferred Stock
Unearned Subscriptions Revenue
Premium on Bonds Payable

Instructions
Prepare a classified balance sheet in good form. (No monetary amounts are to be shown.)