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Classified Balance Shee Financial Reporting and Analysis 253 The following information was taken from the July 31, 20x3, post-closing trial balance of Inge Robotics
Classified Balance Shee Financial Reporting and Analysis 253 The following information was taken from the July 31, 20x3, post-closing trial balance of Inge Robotics Company. Account Name Debit Credit Cash Notes Receivable Accounts Receivable Merchandise Inventory Prepaid Rent Prepaid Insurance Sales Supplies $ 31,000 Short-Term Investments 33,000 10,000 276,000 145,000 1,600 4,800 1,280 Office Supplies Deposit for Future Advertising Building, Not in Use Land Delivery Equipment Franchise Fee Accounts Payable Salaries Payable Interest Payable Long-Term Notes Payable Ken Inge, Capital 440 3,680 49,600 22,400 41,200 Accumulated Depreciation, Delivery Equipment $ 28,400 4,000 114,600 5,200 840 80,000 394,960 REQUIRED From the information provided, prepare a classified balance sheet.
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