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Note : the Answers kindly should be computerized The financial statement columns of the worksheet for Peters Company as of December 31 2010 are as

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Note : the Answers kindly should be computerized

The financial statement columns of the worksheet for Peters Company as of December 31 2010 are as follows PETERS COMPANY Worksheet For the Year Ended December 31, 2010 Accounts DebitCredit Cash 6,000 4,500 7,000 Supplies Prepaid Insurance Equipment Accumulated Depreciation Patents Accounts Payable Bonds Payable (due 2014) Peters, Capital Peters, Drawing Service Revenue Salaries Expense Depreciation Expense Insurance Expense Interest Expense 4,800 7,500 23,500 18,000 46,000 4,200 5,200 4,800 5,000 92,300 6,900 99,200 18,500 25,400 6,900 25.400 25.400 200 Totals Net income instructions Prepare a classified balance sheet for Peters Company

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