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Given the following, prepare the Assets section of the classified balance sheet for Lexulous Company. USE PROPER FORM! These financial statement items are for Lexulous

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Given the following, prepare the Assets section of the classified balance sheet for Lexulous Company. USE PROPER FORM! These financial statement items are for Lexulous Company at year-end, Dec 31, 2016. Salaries payable $ 4, 580 Note payable (long-term) $ 3, 300 Salaries expense 45, 700 Cash 22, 200 Utilities expense 19, 100 Accounts Receivable 9, 780 Equipment 22,000 Accumulated depreciation 6,000 Account payable 4, 100 Dividends 4,000 Commission revenue 56, 100 Depreciation expense 4,000 Rent revenue 6, 500 Retained earnings (1/1/2014) 30,000 Common stock 16, 200

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