Using the Following Data,prepare a Classified Balance Sheet as of December

question 12

Essay

Using the following data,prepare a classified balance sheet as of December 31,2010,for the Lee Company.There are 2,000 shares of $10 par value common stock issued and outstanding.
$\begin{array}{lrlr}\text { Accounts Payable } & \$ 1,600 & \text { Accounts Receivable } & 3,000 \\\text { Building Not Currently Used } & 19,000 & \text { Cash } & 5,200 \\\text { Accumulated Depreciation, } & 8,000 & \text { Unearned Revenue } & 800 \\\text { Equipment } & & &\\& & \text { Short-Term Investments } & 2,000 \\\text { Common Stock } & 20,000 & \text { Land } & 16,000 \\\text { Retained Earnings } & 22,600 & \text { Equipment } & 15,000 \\\text { Copyright } & 5,000 & \text { Long-Term Investments } & 800 \\\text { Bonds Payable (due in } 20 & 13,000 & & \\\text {years) } & & & \end{array}$

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Definitions:

Roger's Three Core Conditions

Carl Rogers' foundational requirements for effective counseling: empathy, unconditional positive regard, and congruence.

Counseling Relationship

A therapeutic connection between a counselor and a client designed to facilitate personal growth, self-understanding, and problem solving.

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Sudden expressions of strong anger, often reflecting an inability to properly manage emotions.

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The ability to identify and understand one's own feelings and the feelings of others.