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4. The information below (in no particular order) are the Balance Sheet accounts and balances for Salvo Company as of December 31, 2022. (11pts.)
4. The information below (in no particular order) are the Balance Sheet accounts and balances for Salvo Company as of December 31, 2022. (11pts.) Accounts Payable. $62,400 Salvo, Capital $97,000 Accounts Receivable 71,800 Unearned Revenue 26,400 Accumulated Depreciation-Equipment 27,500 Cash 119,000 Notes Payable (Due 2028) Prepaid Insurance 66,000 6,000 Land Supplies 60,000 4,100 Mortgage Payable (Due 2025) 90,000 108,400 Equipment Required: a) Prepare a Classified Balance Sheet for the company with the proper heading AND the accounts listed in the proper account sequence.
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