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2. Classified Balance Sheet. Prepare a Classified Balance Sheet in good form using the information listed below. Use the examples located in Chapter 4 in

2. Classified Balance Sheet.

Prepare a Classified Balance Sheet in good form using the information listed below. Use the examples located in Chapter 4 in your textbook to guide you in formatting the statement correctly. This is the information for Windy Waters Ranch as of February 28, 2017. Windy owns the ranch and has since 1963, when it was given to her by her grandfather.

Accumulated Depreciation Trucks $25,000

Prepaid Rent 5,000

Supplies 700

Unearned Fees 5,000

Trucks 55,000

Cash 40,000

Waters Capital ?

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