prepare a classified balance sheet

Lawrence Company, Inc. December 31, 2017 Adjusted Trial balance Cash Debit Credit 45,000 Accounts Receivable Allowance for Doubtful Accounts 44,900 2.000 Short Term Note Receivable 80,000 Interest Receivable 2.400 Supplies 5.000 Prepaid Insurance 40,000 Inventory 16,500 Vehicle 16,000 Equipment 41,000 Accumulated Depreciation 18,000 Accounts Payable 15,000 Unearned Revenue 18,000 7,000 Wages Payable 65,000 Long-Term Notes Payable 106,000 Common Stock 2,500 Retained Earnings (1/1/2017) Dividends 539,500 Sales Sales Returns & Allowances Sales Discounts 2,000 Cost of Goods Sold Delivery Expense Depreciation Expense Bad Debt Expense Rent Expense Insurance Expense Wages Expense Supplies Expense Interest Revenue Loss on Disposal Interest Expense Income Tax Expense 7,600 3,000 51,000 2,000 19,000 2,000 98,000 40,000 195,000 15,500 2,400 7,000 6,500 36,000 775,400 775,400 Total