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4. Classified Balance Sheet LO4 The following is a list of accounts taken from Jann's Jeans: Accounts receivable Sales Inventory Contributed equity Accounts payable Cash

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4. Classified Balance Sheet LO4 The following is a list of accounts taken from Jann's Jeans: Accounts receivable Sales Inventory Contributed equity Accounts payable Cash Wages expense Prepaid insurance Equipment Short-term investments $ 12400 360 000 26300 520000 19 240 34660 13500 5600 427 000 11600 Required Prepare the current asset section of Jann's balance sheet. Attempt to list the accounts in the proper sequence (liquidity)

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