Hespeler Tours financial accounting information for the year ending September 30, 2021 is presented below. Assume all accounts have a normal balance.

Cash	$ 8,650
Equipment	$ 36,240
Accounts Payable	$ 4,380
Accounts Receivable	$ 3,020
Accumulated Depreciation	$ 540
Unearned Revenue	$ 1,630
Prepaid Rent	$ 7,790
Prepaid Insurance	$ 2,430
Bank Loan	$ 36,000
Thompson, Capital	$ 15,580

The bank loan is payable over 3 years and $12,000 will be paid by September 30, 2022.

Required

Prepare a classified balance sheet using the balances listed above.

Do not enter dollar signs or commas in the input boxes. For accumulated depreciation, do not enter a negative sign before the number.

Select accounts according to their classification. If more than one account is used under a classification, enter them in the order of appearance in the list above. For example, if cash and accounts receivable are both current assets, choose cash for the first drop down menu, and accounts receivable for the second.

Hespeler Tours Classified Balance Sheet As at September 30, 2021
Assets
Current Assets
AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationBank Loan, Current PortionBank Loan, Long-Term PortionCashEquipmentPrepaid InsurancePrepaid RentThompson, CapitalUnearned Revenue	Answer
AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationBank Loan, Current PortionBank Loan, Long-Term PortionCashEquipmentPrepaid InsurancePrepaid RentThompson, CapitalUnearned Revenue	Answer
AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationBank Loan, Current PortionBank Loan, Long-Term PortionCashEquipmentPrepaid InsurancePrepaid RentThompson, CapitalUnearned Revenue	Answer
AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationBank Loan, Current PortionBank Loan, Long-Term PortionCashEquipmentPrepaid InsurancePrepaid RentThompson, CapitalUnearned Revenue	Answer
Total Current Assets		Answer
Property and Equipment
AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationBank Loan, Current PortionBank Loan, Long-Term PortionCashEquipmentPrepaid InsurancePrepaid RentThompson, CapitalUnearned Revenue	Answer
AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationBank Loan, Current PortionBank Loan, Long-Term PortionCashEquipmentPrepaid InsurancePrepaid RentThompson, CapitalUnearned Revenue	Answer
Total Property and Equipment		Answer
Total Assets		Answer
Liabilities
Current Liabilities
AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationBank Loan, Current PortionBank Loan, Long-Term PortionCashEquipmentPrepaid InsurancePrepaid RentThompson, CapitalUnearned Revenue	Answer
AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationBank Loan, Current PortionBank Loan, Long-Term PortionCashEquipmentPrepaid InsurancePrepaid RentThompson, CapitalUnearned Revenue	Answer
AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationBank Loan, Current PortionBank Loan, Long-Term PortionCashEquipmentPrepaid InsurancePrepaid RentThompson, CapitalUnearned Revenue	Answer
Total Current Liabilities		Answer
Long-Term Liabilities
AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationBank Loan, Current PortionBank Loan, Long-Term PortionCashEquipmentPrepaid InsurancePrepaid RentThompson, CapitalUnearned Revenue	Answer
Total Long-Term Liabilities		Answer
Total Liabilities		Answer
Owner's Equity
AnswerAccounts PayableAccounts ReceivableAccumulated DepreciationBank Loan, Current PortionBank Loan, Long-Term PortionCashEquipmentPrepaid InsurancePrepaid RentThompson, CapitalUnearned Revenue		Answer
Liabilities and Owner's Equity		Answer