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2. Given below is a completed partial work sheet. From this work sheet, prepare a classified balance sheet in report form in the space provided

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2. Given below is a completed partial work sheet. From this work sheet, prepare a classified balance sheet in report form in the space provided in your workbook. Stanley Park Enterprises Work Sheet Accounts Bank -Accounts Receivable Supplies Equipment Automobiles Land Building Accounts Payable GST Payable GST Recoverable -PST Payable J. Hori, Capital J. Hori, Drawings Commissions Earned Advertising Expense Car Expense Telephone Expense Utilities Expense Wages Expense 6 Months Ended June 30, 20 Balance Sheet Debit Credit 3 050.15 26 750.85 3 500.00 75 352.00 42 500.00 100 000.00 124 364.00 3 900.95 460.50 235.90 650.00 366 485.95 56 000.00 431 752.90 Net Income || 371 497.40 60 255.50 431 752.90 431 752.90 Date ANSWERS TO SECTION 8.3 EXERCISES (cont) Exercise 2, p. 277

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