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Prepare a classified balance sheet from the following information at the end of 2016: Accounts receivable Accounts payable Cash Common stock Long-term notes payable Merchandise

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Prepare a classified balance sheet from the following information at the end of 2016: Accounts receivable Accounts payable Cash Common stock Long-term notes payable Merchandise inventory Equipment Retained earnings Prepaid insurance Unearned revenues Accumulated Depreciation - Equipment Patent rights Goodwill Long-term bonds payable Cash Equivalent Warranties payable Sales tax payable Notes receivable (short-term) 36,200 12,000 29,650 50,000 45,500 38,300 36,400 36,250 3,600 400 6,400 6,400 5,000 5,000 10,000 10,000 5,000 5,000 Classified Balance Sheet Assets Current Assets: Amount Amount Total Current Assets Property, plant and equipment Total ASSETS Curretabilities Total equity Total of this andes

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