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27 Adams Co. reports the following balance sheet accounts as of December 31. 0.35 points Salaries payable Buildings Prepaid rent Merchandise inventory Accounts payable Prepaid

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27 Adams Co. reports the following balance sheet accounts as of December 31. 0.35 points Salaries payable Buildings Prepaid rent Merchandise inventory Accounts payable Prepaid insurance Accounts receivable Common stock $ 7,300 Retained earnings 75,800 Notes payable (due in 9 years) 8,300 Office supplies 16,600 Land 23,000 Accumulated depreciation-Building 5,600 Mortgages payable (due in 5 years) 17,000 Cash 23,000 $ 63,000 56,000 4,600 48,000 7,600 38,000 42,000 eBook Required: Prepare a classified balance sheet. (Amounts to be deducted should be indicated by a minus sign.) Print References ADAMS CO. Balance Sheet December 31 Assets Current assets

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