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11:437 )) AA A instructure-uploads.s3.amazo Problem 1 Problem 2 The following list of accounts is taken from the records of the Norman Company Ltd. at

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11:437 )) AA A instructure-uploads.s3.amazo Problem 1 Problem 2 The following list of accounts is taken from the records of the Norman Company Ltd. at December 31, 2019: Account Balance Accounts Payable $125 Accounts Receivable 138 Bank Loan (V2 Due In 2020) 110 Building 400 Cash 250 Equipment 140 Land 115 Mortgage Payable (due 2021) 280 Notes Receivable, due within 90 Days 18 Prepaid Insurance 12 Retained Earnings 214 Salaries Payable 14 Common Stock 400 Unused Supplies 70 Required: Prepare a classified balance sheet. Assume all accounts have normal debit and credit balances

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