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10 Don 3 Hre Required information Use the following information for Quick Studies below. [The following information applies to the questions displayed belowj The
10 Don 3 Hre Required information Use the following information for Quick Studies below. [The following information applies to the questions displayed belowj The following is the adjusted trial balance of Sierre Company Account Title Cesh Prepaid insurance Notes receivable (due in 5 years) Credit $ 43,000 2,490 2,000 Buildings 115,000 Accumulated depreciation-Buildings $31,000 Accounts payable 12,000 Notes payable (due in 3 years) 12,500 H. Sierra, Capital 39,000 H. Sierra, withdrawal 10,500 Consulting revenue 204,500 Veges expense 5,400 Depreciation expense-Buildings Insurance expense Totals 11,500 3,400 $199,000 $199,000 QS 4-11 Preparing a classified balance sheet LO C3 Use the information adjusted trial balance to prepere Sierre Company's classified balance sheet as SIERRA COMPANY Balance Sheet December 31 Total current assets Total assets Total abilities Total Sabilities and equity
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