0.89/1 Question 2 of 2 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct The adjusted trial balance for Sheridan Bowling Alley at December 31, 2020 contains the following accounts. Debits Credits Buildings $128,600 Owner's Capital $115.900 14,700 Accounts Receivable 43,300 Accumulated Depreciation-Buildings 4,000 Prepaid Insurance 11.800 Accounts Payable 96,100 Notes Payable Cash 18.700 Equipment 18.100 61,500 Accumulated Depreciation Equipment 2.700 Interest Payable Land 66,800 17.200 500 Service Revenue Insurance Expense Depreciation Expense Interest Expense 7400 2.900 $305 100 $305,100 (a) Prepare a classified balance sheet; assume that $28,400 of the note payable will be paid in 2021. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment) SHERIDAN BOWLING ALLEY Balance Sheet December 31, 2020 Assets Current Assets Cash 18700 14706 Accounts Receivable 400C Prepaid Insurance Total Current Assets Property, Plant and Equipment 66800 Land $ 128600 Buildings Assets Current Assets Cash 18700 Accounts Receivable 14700 Prepaid Insurance 4000 Total Current Assets Property, Plant and Equipment Land 66800 $ Buildings 128600 Less Accumulated Depreciation-Buildings 43300 Equipment 61500 Less: Accumulated Depreciation Equipment 18100 i 43400 Total Assets Assets 18700 14700 4000 37400 1 66800 128600 Bulldings 43300 i 61500 -Equipment 18100 i 43400 Liabilities and Owner's Equity Current Liabilities Notes Payable $ 2840C Accounts Payable 1180C Interest Payable 2700 Total Current Liabilities Long-term Liabilities Notes Payable Total Liabilities Owner's Equity Owner's Capital Total Liabilities and Owner's Equity Question 2 of 2