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Dollar Effect of Each of the Six Transactions Ending Balance $ 60,000 $(8,000) $ (3,200) $ (11,000) 11,000 $(7,000) $ 4,000 (4,000) 3,200 Accounts Cash

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Dollar Effect of Each of the Six Transactions Ending Balance $ 60,000 $(8,000) $ (3,200) $ (11,000) 11,000 $(7,000) $ 4,000 (4,000) 3,200 Accounts Cash Investments (short-term) Notes receivable (due in six months) Computer equipment Delivery truck Notes payable (due in 10 years) Common stock (2,000 shares) Additional paid-in capital 7,000 23,000 15,000 4,000 56,000 Required: 2. Prepare a classified balance sheet for Volz Cleaning, Inc., at the end of March. VOLZ CLEANING, INC. Balance Sheet Assets Liabilities Current assets: Liabilities: n Total current assets Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Total assets

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