Intro To Fin Acc > Modules > AUGUST 24 - CHAPTER 2 > Chapter 2 - HOMEWORF JS Kimmel, Accounting, 7e Help System Announcements Exercise 2-05 These items are taken from the financial statements of Carla Vista Co. at December 31, 2022 Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense Depreciation expense Interest expense Common stock Retained earnings (January 1, 2022) Accumulated depreciation-buildings Accounts payable Notes payable Accumulated depreciation-equipment Interest payable Service revenue $101,568 12,096 3,072 11,366 79,104 58,752 749 5,088 2,496 57,600 38,400 43,776 9,120 89,856 17,971 3,456 14,112 Prepare a classified balance sheet. Assume that $13,056 of the note payable will be paid in 2023. (List Curre Plant and Equipment in order of Land, Buildings and Equipment.) CARLA VISTA CO. ED B 776896 Intro To Fin Acc > Modules > AUGUST 24 - CHAPTER 2, Chapter 2 - HOMEWORK JS Kimmel, Accounting, 7e Help System Announcements CALCULATOR PRINTER VERSTE CARLA VISTA CO. Balance Sheet December 31, 2022 Assets Current Assets Cash 11,366 Accounts Receivable 12,096 Prepaid Insurance 3,072 Total Current Assets 26,534 Property, Plant and Equipment Land 58,752 Buildings 101,568 43,776 57,792 Accumulated Depreciation-Buildings Equipment 79,104 EP . 5896 ntro To Fin Acc Modules > AUGUST 24 - CHAPTER 2, Chapter 2 - HOMEWORK S Help System Announcements CALCULATOR PRINTER VERS Less 43,776 Accumulated Depreciation Buildings 57,792 Equipment 79,104 Less V 17,971 Accumulated Depreciation Equipment 61,133 Total Property, Plant and Equipment Liabilities and Stockholders' Equity Current Liabilities Notes Payable 13,056 Interest Payable 3,456 Accounts Payable 9,120 Total Current Liabilities 25,632 Long-Term Liabilities Notes Payable 89,856 S # 3 F12 Pitse SysRq Pause Break en Dente 96 cro To Fin Acc > Modules > AUGUST 24 - CHAPTER 2 Chapter 2 - HOMEWORK Kimmel, Accounting, 7e Help System Announcements CALCULATOR PRINTER VERSION Long-Term Liabilities Notes Payable 89,856 Total Long-Term Liabilities 115,488 Stockholders' Equity Common Stock 57,600 Retained Earnings 38,400 Total Stockholders' Equity 96,000 211,452 Total Liabilities and Stockholders' Equity Click if you would like to Show Work for this questions Open Show Work SHOW LIST OF ACCOUNTS SERTA Question Attempts of I used - - C Det 112 Prase Susro Pause B