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1) The following balances are available for Thompson Company on December 31, 2019: Accumulated depreciation Accounts payable Accounts receivable Additional paid-in capital Common stock Cash

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1) The following balances are available for Thompson Company on December 31, 2019: Accumulated depreciation Accounts payable Accounts receivable Additional paid-in capital Common stock Cash Fixed assets Interest payable Inventory Long-term notes payable Prepaid rent Retained earnings Wages payable $21,800 11,200 9,800 24,000 6,000 7,400 89,400 2,400 13,600 28,000 2,500 ? I 6,400 Required: Prepare a classified balance sheet at December 31, 2019

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