Buildings Accounts receivable Land Merchandise inventory Accounts payable Cash Notes payable (due in 7 years) Office supplies 0.Water, Capital Wages payable $ 32,500 2,300 14,000 7,600 5,300 8,600 36,000 1,600 22,000 3,300 Assignments 5 Homework i Saved Clear Water Co. reports the following balance sheet accounts as of December 31 Buildings Accounts receivable Land Merchandise inventory Accounts payable Cash Notes payable (due in 7 years) office supplies 0.Water, Capital Wages payable $ 32,500 2,300 14,000 7,600 5,300 8,600 36,000 1,600 22,000 3,300 Required: Prepare a classified balance sheet. Clear Water Co. Balance Sheet December 31 Assets Current assets Total current assets Plant assets $ Total plant assets Total assets 0 $ 0