Preparing a balance sheet (classified, report form)

Refer to the data in Short Exercise S4-1. Prepare Daltons classified balance sheet at December 31, 2018. Assume the Notes Payable is due on December 1, 2025. Use the report form.

DALTON HAIR STYLISTS Adjusted Trial Balance December 31, 2018 Balance Debit Credit $ 1,300 1,500 1,800 20,900 $ 2,200 400 Account Title Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Interest Payable Notes Payable Common Stock Dividends Service Revenue Rent Expense Supplies Expense Depreciation Expense Equipment Interest Expense Total 500 3,100 16,150 1,400 13,800 3,900 850 2,200 2,300 $ 36,150 $ 36,150