BUSI 1043: INTRODUCTION TO FINANCIAL ACCOUNTING - Discussion 1 - 2.5% - 100 marks Student Name and ID no. Prepare a classified balance sheet for Lily Corporation dated December 31, 2019 using the below data. Accounts receivable 5,600 Sales Revenue 6,500 Cash 1,400 Retained earnings 7,600 Common shares 20,000 Salaries payable 2,100 Equipment 26,400 Inventory 1,900 Accounts payable 2,400 Note payable (2 year) 3,200