PLEASE HELP PREPARE A CLASSIFIED BALANCE SHEET AS OF DECEMBER 31

Post the above adjusting entries. (Post entries in the order of journal entries presented above.) \begin{tabular}{lr|r} \multicolumn{3}{c}{ Sales Discounts } \\ \hline 12/27 & 306 & \\ \hline 12/31 Bal. & 306 & \\ & \multicolumn{2}{c}{ Cost of Goods Sold } \\ \hline 12/10 & 3,800 & \\ 12/18 & 6,700 & \\ \hline 12/31 Bal. & 10,500 & \end{tabular} Adjusted Trial Balance December 31, 2025 Debit Cash Accounts Receivable Inventory Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Income Taxes Payable Common Stock Retained Earnings Sales Revenue Sales Discounts Cost of Goods Sold Salaries and Wages Expense Depreciation Expense Supplies Expense Income Tax Expense Total 2100 7564 1700 Credit 15000 23100 15900 $ $ \begin{tabular}{l|lr} \multicolumn{4}{c}{ Sales Revenue } \\ \hline & 12/10 & 5,700 \\ & 12/18 & 10,200 \\ \hline & 12/31Bal. & 15,900 \end{tabular} On December 1, 2025, Oriole Distributing Company had the following account balances. During December, the company completed the following summary transactions. Dec. 6 Paid $1,600 for salaries due employees, of which $600 is for December and $1,000 is for November salaries payable. 8 Received $1,900 cash from customers in payment of account (no discount allowed). 10 Sold merchandise for cash $5,700. The cost of the merchandise sold was $3,800. 13 Purchased merchandise on account from Hecht Co. $6,800, terms 2/10,n/30. 15 Purchased supplies for cash $2,000. 18 Sold merchandise on account $10,200, terms 3/10,n/30. The cost of the merchandise sold was $6,700. 20 Paid salaries $1,400. 23 Paid Hecht Co. in full, less discount. 27 Received collections in full, less discounts, from customers billed on December 18. Prepare a retained earnings statement for December. Prepare a classified balance sheet at December 31. (List Current Assets in order of liquidity.) ORIOLE DISTRIBUTING COMPANY Balance Sheet Assets $ $ $ Liabilities and Stockholders' Equity $ $