Adams Co. reports the following balance sheet accounts as of December 31. $ Salaries payable Buildings Prepaid rent Merchandise inventory Accounts payable Prepaid insurance Accounts receivable Common stock 6,900 69,400 7,900 15,800 19,000 4,800 13,000 19,000 Retained earnings Notes payable (due in 9 years) Office supplies Land Accumulated depreciation-Building Mortgages payable (due in 5 years) Cash $ 59,000 48,000 3,800 40,000 6,800 30,000 34,000 Required: Prepare a classified balance sheet (Amounts to be deducted should be indicated by a minus sign.) ADAMS CO. Balance Sheet December 31 Assets Current assets Prey 5 of 5 Next BAN