prepare a classifed balance sheet (Note $38,300 of the mortgage note payable is due for payment next year) List property, plant, and equipment in order if Land, buildings, and equipment. List current assests in order of liquidity.

Ayayal Services Worksheet For the Year Ended December 31, 2019 Trial Balance Adjusted Trial Balance Dr. Cr. Cr. Dr. Account Titles 13,800 13.800 Cash 28,000 28,000 Accounts Receivable 2,412 3,612 Prepaid Insurance 68,300 68,300 Land 125,100 125,100 Buildings 59.200 59,200 Equipment 12,600 12,600 5.900 1,600 Accounts Payable Unearned Rent Revenue Mortgage Payable 130,800 130,800 86,500 86,500 Common Stock 44,612 44,612 Retained Earnings 22,200 22,200 Dividends 91.900 91,900 Service Revenue 29,200 33,500 Rent Revenue Salaries and Wages Expense 41,900 41,900 20,300 20,300 Advertising Expense Utilities Expense 19.100 19.100 Totals 401,512 401,512 Insurance Expense 1,200 Depreciation Expense 7,200 3,200 Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Interest Expense 4,000 10,200 Interest Payable 10.200 Totals 418,912 418,912 Trial Balance Adjustments Cr. Dr. Account Titles Cr. Dr. Cash 13,800 Accounts Receivable 28,000 1.200 Prepaid Insurance 3,612 Land 68,300 Buildings 125,100 Equipment 59,200 i Accounts Payable 12,600 4.300 i 5.900 Unearned Rent Revenue Mortgage Payable 130,800 Common Stock 86,500 Retained Earnings 44,612 Income Statement Adjusted Trial Balance Cr. Dr. Cr. Dr. 13.800 28.000 2.412 68,300 125.100 59,200 12.600 1.600 130,800 86,500 44,612 Balance Sheet Cr. Dr. i 13,800 Me 28.000 i 2,412 68,300 i 125,100 i 59.200 i 12,600 1,600 i 130,800 86,500 i 44,612 22.200 Dividends 91,900 Service Revenue 4,300 29.200 Rent Revenue Salaries and Wages Expense 41.900 Advertising Expense 20,300 i 19.100 Utilities Expense Totals 401,512 401.512 1.200 Insurance Expense 7.200 Depr. Expense 3.200 Accum. Depr.- Buildings 4,000 Accum. Depr.- Equipment 10,200 Interest Expense i 10.200 Interest Payable 22 200 91,900 91.900 33.500 33,500 41.900 41.900 20,300 20,300 19.100 19.100 1.200 1.200 7,200 7.200 3,200 4,000 10,200 10.200 10.200 22,200 i i i i i i PO i IN i i 3,200 i 4,000 i i 10.200 10.200 Interest Expense 10.200 Interest Payable 22.900 22.900 Totals Net Income Totals 10.200 10.200 10.200 125,400 99.900 418,912 418,912 25,500 125,400 125,400 i i 10,200 i 293.512 319,012 25,500 i 319,012 319,012 Prepare a classified balance sheet. (Note: $38,300 of the mortgage note payable is due for payment next year. and Equipment in order of Land, Buildings and Equipment List Current Assets in order of liquidity.) Ayayai Services Balance Sheet Assets $ $