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Accounts Payable Accounts Receivable Accumulated Depreciation (Bldg) Building Cash Common stock (20,000 shares) Cost of Goods Sold Depreciation Expense (Bldg) Dividends Gain on Sale of

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Accounts Payable Accounts Receivable Accumulated Depreciation (Bldg) Building Cash Common stock (20,000 shares) Cost of Goods Sold Depreciation Expense (Bldg) Dividends Gain on Sale of PPE Income Taxes Expense Income Taxes Payable Insurance Expense Interest Expense Inventory Notes Payable (due June 1, 2020) Notes Payable (due May 2, 2026) Prepaid Advertising (3 months) Prepaid Insurance (6 months) Retained Earnings (1/1/2019) Salaries Expense Salaries Payable Sales Revenue Supplies Expense 16,700 65,400 46,300 408,500 32,400 80,000 342,000 16,500 15,000 6,200 48,150 24,000 65,000 15,200 28,500 115,000 160,000 3,000 32,500 48,200 45,900 3,750 654,800 36,900 Prepare the heading and Asset section only of the classified Balance Sheet. You will prepare the Liabilities & Stockholders' Equity section in the next

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