Part 2 of 2 14.32 points eBook Hint Print References ! Required information Use the following information for Quick Studies below. (Algo) [The following information applies to the questions displayed below.] The following is the adjusted trial balance of Sierra Company. Sierra Company Adjusted Trial Balance December 31 Account Title Cash Prepaid insurance Notes receivable (due in 5 years) Buildings Accumulated depreciation Buildings Accounts payable Notes payable (due in 3 years) Common stock Retained earnings Dividends Consulting revenue Wages expense Depreciation expense-Buildings Insurance expense Totals Debit $ 15,000 1,000 5,000 45,000 3,500 4,000 4,500 2,000 $ 80,000 Credit $ 17,000 5,000 5,500 11,000 7,000 34,500 $ 80,000 OS 3-31(Algo) Preparing a classified balance sheet 1062

Required information Use the following information for Quick Studies below. (Algo) [The following information applies to the questions displayed below] The following is the adjusted trial balance of Sierra Company. Use the information in the adjusted trial balance to prepare Sierra Company's classified balance sheet as of December 31