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ICICIS Exercise 4-14 a-b (Part Level Submission) The adjusted trial balance for Sheffield at December 31, 2019, contains the following accounts. Buildings Accounts Receivable Prepaid

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ICICIS Exercise 4-14 a-b (Part Level Submission) The adjusted trial balance for Sheffield at December 31, 2019, contains the following accounts. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Debit $128,800 Common Stock 14,800 Retained Earnings 4,200 Accumulated Depreciation-Buildings 19,700 Accounts Payable 62,300 Notes Payable 66,900 Accumulated Depreciation-Equipment 800 Interest Payable 6,500 Service Revenue 2,800 $306,800 Credit $91,000 25,400 43,700 11,300 96,900 17,700 2,800 18,000 $285,400 v (a) Your answer is partially correct. Try again. Prepare a classified balance sheet; assume that $24,000 of the note payable will be paid in 2020. (List Property, plant and equipm Current Assets in order of liquidity.) Sheffield Balance Sheet December 31, 2019 Assets der Asset (a) CALCULATOR PRINTER VERSION Your answer is partially correct. Try again. Prepare a classified balance sheet; assume that $24,000 of the note payable will be paid in 2020. (List Property, plant and equipment in order of land, buildings and equipme Current Assets in order of liquidity.) Sheffield Balance Sheet December 31, 2019 Assets Current Assets Cash E 19,700 Accounts Receivable 14,800 Prepaid Insurance 4,200 Total Current Assets 38700 Property, Plant and Equipment Land 66.900 Buildings 128.800 Less Accumulated Depreciation Buildings 43,700 35100 Less Accumulated Depreciation-Buildings 43,700 85100 Equipment 62,300 02 03 Less Accumulated Depreciation Equipment 17,700 44600 196600 -06 Total Assets 235300 Liabilities and Stockholders' Equity -09 10 - 12 Current Liabilities Accounts Payable 1 $ 11,300 X Notes Payable 23000 Interest Payable 25 2,800 Total Current Liabilities 37100 Long-term Liabilities 3-5 Notes Payable 73300 Total Liabilities 110400 Stockholders' Equity Common Stack 91,000 e here to search Total Current Liabilities X 37100 Long-term Liabilities Notes Payable 73300 Total Liabilities 110400 Stockholders' Equity Common Stock 91,000 X Retained Earnings 25,400 Total Stockholders' Equity 116400 Total Liabilities and Stockholders' Equity 226800 Attemp (b) the parts of this question must be completed in order this art will be available when you complete the part above o e to search

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