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00 1.25 points Salaries payable Buildings Prepaid rent Merchandise inventory Accounts payable $ 6,900 Retained earnings 69,400 Notes payable (due in 9 years) 7,900 Office
00 1.25 points Salaries payable Buildings Prepaid rent Merchandise inventory Accounts payable $ 6,900 Retained earnings 69,400 Notes payable (due in 9 years) 7,900 Office supplies 15,800 Land 19,000 Accumulated depreciation-Building 4,800 Mortgages payable (due in 5 years) 13,000 Cash 19,000 $59,000 48,000 3,800 40,000 6,800 2 03:25:03) Prepaid insurance Accounts receivable Common stock 30,000 34,000 eBook Required: Prepare a classified balance sheet. (Amounts to be deducted should be indicated by a minus sign.) Print ADAMS CO. Balance Sheet December 31 Assets References Current assets Total current assets Plant assets Total plant assets Total assets Liabilities Current liabilities Total current liabilities Long-term liabilities Total long-term liabilities Total liabilities Equity Total equity Total liabilities and equity
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