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From the following trial balance, prepare a classify balance sheet Credit ARMSTRONG CO. Trial Balance 31-Dec 2020 Debit Cash 18,000 Accounts receivable 24,000 Inventory 20,000

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From the following trial balance, prepare a classify balance sheet Credit ARMSTRONG CO. Trial Balance 31-Dec 2020 Debit Cash 18,000 Accounts receivable 24,000 Inventory 20,000 Supplies 2,000 Delivery equipment 30,000 Accumulated depreciation Delivery equipment Land 16,000 Accounts payable Wages payable Long-term notes payable* Common stock Retained earnings 10,000 - 16,000 4,000 20,000 20,000 40,000 Totals 110,000 110,000

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