1. These items are taken from the financial statements of Grouper Corporation for 2022.

Retained earnings (beginning of year)		$33,280
Utilities expense		2,110
Equipment		68,280
Accounts payable		22,570
Cash		15,070
Salaries and wages payable		5,840
Common stock		12,000
Dividends		12,000
Service revenue		69,290
Prepaid insurance		6,340
Maintenance and repairs expense		1,690
Depreciation expense		3,490
Accounts receivable		15,970
Insurance expense		2,310
Salaries and wages expense		38,290
Accumulated depreciationequipment		22,570

Prepare a classified balance sheet as of December 31, 2022. (List Current Assets in order of liquidity.)

2. You are provided with the following information for Ayayai Enterprises, effective as of its April 30, 2022, year-end.

Accounts payable		$844
Accounts receivable		910
Accumulated depreciationequipment		670
Cash		1,370
Common stock		1,200
Cost of goods sold		1,070
Depreciation expense		325
Dividends		335
Equipment		2,520
Income tax expense		175
Income taxes payable		145
Insurance expense		220
Interest expense		410
Inventory		1,067
Land		3,200
Mortgage payable		3,600
Notes payable (due March 31, 2023)		161
Prepaid insurance		70
Retained earnings (beginning)		1,600
Salaries and wages expense		690
Salaries and wages payable		232
Sales revenue		5,200
Stock investments (short-term)		1,290

Prepare a classified balance sheet for Ayayai Enterprises as of April 30, 2022. (List Current Assets in order of liquidity.)

3. These financial statement items are for Pharoah Corporation at year-end, July 31, 2022.

Salaries and wages payable		$ 3,880
Salaries and wages expense		59,200
Supplies expense		17,000
Equipment		20,300
Accounts payable		4,100
Service revenue		67,800
Rent revenue		9,900
Notes payable (due in 2025)		2,900
Common stock		16,000
Cash		30,900
Accounts receivable		10,880
Accumulated depreciationequipment		7,600
Dividends		4,000
Depreciation expense		5,600
Retained earnings (beginning of the year)		35,700

Prepare a classified balance sheet at July 31. (List Current Assets in order of liquidity.)