Exercise 5-11 Presented below is the adjusted trial balance of Nash Corporation at December 31, 2017 Debit Credit Cash Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Trademarks Accounts Payable Salaries and Wages Payable Unearned Service Revenue Bonds Payable (due 2024) Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Rent Expense Interest Expense 1,300 1,100 48,100 4,100 1,050 10,100 600 2,100 9,100 10,100 25,100 10,100 9,100 1,500 1,300 1,000 Total Additional information: 1. Net loss for the year was $2,800. 2. No dividends were declared during 2017 Prepare a classified balance sheet as of December 31, 2017. (List Current Assets in order of liquidity. NASH CORPORATION Balance Sheet Assets Liabilities and Stockholders' Equity