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A partial alphabetized list of adjusted account balances is shown for Dover Pacific Tours as at November 30, 2020 (all accounts have normal balances). Pat
A partial alphabetized list of adjusted account balances is shown for Dover Pacific Tours as at November 30, 2020 (all accounts have normal balances). Pat Dover, the owner, uses the following account classification system: 101-149 Current assets 150169 Property, plant, and equipment 170-189 Intangible assets 190199 Non-current investments 201249 Current liabilities 250-299 Non-current liabilities Adjusted Account Balance $ 40,500 18,900 4,000 15,700 7,100 Acct. No. 201 106 155 153 101 172 240 270 195 154 110 112 205 118 206 152 Account Title Accounts payable Accounts receivable Accumulated depreciation, office furniture Accumulated depreciation, vehicles Cash Copyright Current notes payable Non-current notes payable1 Notes receivable? Office furniture Prepaid insurance Prepaid rent Salaries payable Supplies Unearned touring revenue Vehicles 8,900 13,900 21,400 20,300 6,300 4,500 8,900 12,000 2,200 22,900 63,500 1$9,900 of this non-current note payable is to be paid by November 30, 2021. 2$7,400 of the notes receivable is to be collected by November 30, 2021. 1$9,900 of this non-current note payable is to be paid by November 30, 2021. 2$7,400 of the notes receivable is to be collected by November 30, 2021. Required: Prepare a classified balance sheet for year ended November 30, 2020. DOVER PACIFIC TOURS Balance Sheet November 30, 2020 Assets Current assets: Cash Accounts receivable Prepaid insurance Prepaid rent Supplies Current portion of notes receivable Total current assets Non-current investments: $ 0 Property, plant, and equipment: Vehicles Office furniture 0 Total property, plant, and equipment Intangible assets: Copyright Total assets $ 0 Liabilities Current liabilities: $ CA 0 Total current liabilities Non-current liabilities: Tatal liabilitine n Liabilities Current liabilities: $ 0 Total current liabilities Non-current liabilities: Total liabilities $ 0 Equity Total liabilities and equity 0
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