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A partial alphabetized list of adjusted account balances is shown for Pay Co. as at November 30, 2020 (all accounts have normal balances). Pat Dover,
A partial alphabetized list of adjusted account balances is shown for Pay Co. as at November 30, 2020 (all accounts have normal balances). Pat Dover, the owner, uses the following account classification system: 1$10,400 of this non-current note payable is to be paid by November 30,2021 . 2$7,900 of the notes receivable is to be collected by November 30,2021. Required: Prepare a classified balance sheet for year ended November 30, 2020. \begin{tabular}{|l|l|l||l||} \hline \multicolumn{1}{|r|}{ Pay Co. } \\ \hline \multicolumn{1}{|r|}{ Balance Sheet } \\ \hline \multicolumn{1}{|l|}{ November 30,2020} \\ \hline Current assets: & Assets & & \\ \hline Cash & & & \\ \hline Accounts receivable & & & \\ \hline Prepaid insurance & & & \\ \hline Prepaid rent & & & \\ \hline Supplies & & & \\ \hline Current portion of notes receivable & & \\ \hline Total current assets & & \\ \hline Non-current investments: & & \\ \hline \hline Office furniture & & \\ \hline \hline \end{tabular} \begin{tabular}{|c||l|l|l|} \hline Total current assets & & & \\ \hline Non-current investments: & & & \\ \hline Property, plant, and equipment: & & & \\ \hline Vehicles & & & \\ \hline \hline Office furniture & & & \\ \hline \hline Total property, plant, and equipment & & \\ \hline Intangible assets: & & & \\ \hline Copyright & & & \\ \hline Total assets & & & \\ \hline \hline \end{tabular}
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