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Blossom Department Store is located in midtown Metropolis. During the past several years, net income has been declining because suburban shopping centers have been attracting

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Blossom Department Store is located in midtown Metropolis. During the past several years, net income has been declining because suburban shopping centers have been attracting business away from city areas. At the end of the company's fiscal year on November 30, 2022, these accounts appeared in its adjusted trial balance. Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Cash Common Stock Cost of Goods Sold Freight-Out Equipment Depreciation Expense Dividends Gain on Disposal of Plant Assets Income Tax Expense Insurance Expense Interest Expense Inventory Notes Payable Prepaid Insurance Advertising Expense Rent Expense Retained Earnings Salaries and Wages Expense Sales Revenue Salaries and Wages Payable Sales Returns and Allowances $ 13,400 8,600 34,000 4,000 17.500 304,980 3,150 79.730 6.700 6,000 1.000 5,000 4,500 2.500 13.100 21.750 3.000 16.750 17.000 7.100 59.440 452.000 3.000 10.000 5.300 Prepare a classified balance sheet. (List current assets in order of liquidity) BLOSSOM DEPARTMENT STORE Balance Sheet November 30, 2022 Assets Current Assets Cash Accounts Receivable Inventory Total Current Assets Intangible Assets Liabilities and Stockholders' Equity Prepare a classified balance sheet. (List current assets in order of liquidity) BLOSSOM DEPARTMENT STORE Balance Sheet November 30, 2022 Assets Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity e Textbook and Media

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