M2-22 Preparing a Classified Balance Sheet Adobe Export PDF The following accounts are taken from the financial statements of Knight Entertainments Resorts, Ine. Convert PDF Files to Word at its September 30,2020 , year-end. (Amounts are in thousands.) or Excel Online Select PDF File Convert to Microsoft Word (".docx) Document Language: English (U.S.) Change Required: Edit PDF 1. Prepare a clissilied balawne steet at September 30.2020. TIP: This exercise recuires you to remember material from Chapter I. (Sone of the above accounts are not reported on the halance shect.) 2. Using the balanee sheet, indicate wherher the toral assers of Knight Entertainments Resorts, Ine., at the end of the year were financed primarily by liabilities or by shareholders' equity. Convert, edit and e-sign PDF 3. Were the current assets sufficient to cover the current liabilitics at September 30, 2020? Show the ratio and calculations that indicate this. forms \& agreements