Adams Company reports the following balance sheet accounts as of December $31.$

Adams Company reports the following balance sheet accounts as of December 31. 44, ee 48, ee Salaries payable Buildings Prepaid rent Merchandise inventory Accounts payable Prepaid insurance Accounts receivable Common stock Required: Prepare a classified balance sheet. 600 17,200 26, eoe 6,200 22, Retained earnings Notes payable (due in 9 years) Office supplies Land Accumulated depreciationbuilding Mortgages payable (due in 5 years) Cash 62, ee 54, ee ADAMS COMPAN Balance Sheet December 31 Assets Current assets Total current assets