QUESTION 12 Farro Industries, Inc. has the following accounts at December 31, 2019; all accounts have normal balances and all appropriate adjusting entries have been made: Farro prepares a classified balance sheet at December 31, 2019. The total current assets on their classified balance sheet are: Accounts Receivable $400,000 Allowance for Uncollectible Accounts 40,000 Depreciation Expense a50,000 Unearned Revenue 25,000 Inventory 45,000 Note Receivable due 3/1/2020 100,000 . Interest receivable on the note 2,000 Buildings 200,000 . Accumulated Depreciation - Buildings 40,000 a $417,000 b. 5447.000 c. $315.000 d. $507.000 QUESTION 13 The De Santis Company has the following accounts and they want to know where to put them on a classified Balance Sheet for 12/31/19: Notes receivable due 3/1/21 Notes payable due 3/25/20 Rent Expense The correct answer, in the order of the accounts as listed above, ka: a. Current Assets, Noncurrent Liabilities, Not on Balance Sheet b. Noncurrent Assets, Noncurrent Liabilities, Noncurrent Assets c. Current Assets, Current Liabilities, Current Assets d. Noncurrent Assets, Current Liabilities, Not on Balance Sheet