Photos - Screenshot (260).png X See all photos Add to Edit & Create v Share Adams Co. reports the following balance sheet accounts as of December 31. Salaries payable $ 7,900 D. Adams, Capital $ 98,000 Buildings 85, 400 Notes payable (due in 9 years) 68, 000 Prepaid rent 8,900 Office supplies 5,800 Merchandise inventory 17, 800 Land 60,000 Accounts payable 29, 000 Accumulated depreciation-Building 8, 800 Prepaid insurance 6,800 Mortgages payable (due in 5 years) 50,000 Accounts receivable 23,000 Cash 54, 000 Required: Prepare a classified balance sheet. (Amounts to be deducted should be indicated by a minus sign.) ADAMS CO. Balance Sheet December 31 Assets Current assets Total current assets $ 0 Plant assets Type here to search ON @ G&A 12:48 AM 11/7/2020Photos - Screenshot (261).png X See all photos + Add to Edit & Create v Share Total plant assets 0 Total assets $ 0 Liabilities Current liabilities Total current liabilities 0 Long-term liabilities Total long-term liabilities Total liabilities 0 Equity Total liabilities and equity $ 0 Type here to search O N Q G & A 12:48 AM 11/7/2020