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-   -   Classified Balance Sheet (https://www.askmehelpdesk.com/showthread.php?t=162847)

  • Dec 14, 2007, 09:19 PM
    Future Accountant
    Classified Balance Sheet
    If we have to prepare a classified balance sheet and it's dated as July 13, 2007. And a lis t of accounts are given from which one of the account is "notes receivable (Due on Dec 31, 2007)", would this account go into the balance sheet? If yes, where?

    Thanks for your help!:) :)
  • Dec 15, 2007, 03:19 PM
    CaptainForest
    The notes receivable would go under current assets on your balance sheet

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