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Required information Use the following information for Quick Studies below. [The following information applies to the questions displayed below) The following is the adjusted trial

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Required information Use the following information for Quick Studies below. [The following information applies to the questions displayed below) The following is the adjusted trial balance of Sierra Company. Credit Debit $11,000 800 4,609 Account Title Cash Prepaid insurance Notes receivable (due in 5 years) Buildings Accumulated depreciation-Buildings Accounts payable Notes payable (due in 3 years) H. Sierra, Capital H. Sierra, Withdrawals Consulting revenue Wages expense Depreciation expense-Buildings Insurance expense Totals 35,000 $15,000 4,000 4,500 15, eee 2,500 24,500 3,800 3,500 1,800 $63,000 $63,000 QS 4-11 Preparing a classified balance sheet LO C3 Use the information adjusted trial balance to prepare Sierra Company's classified b SIERRA COMPANY Balance Sheet December 31 Assets assets - Frenarin Required information SL UT HOM OUjucu uur ROTICC w prepare JCI SIERRA COMPANY Balance Sheet December 31 Assets ook Current assets Total current assets rences Total assets Total liabilities Total liabilities and equity

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