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. Account Title Debit Credit Cash Prepaid insurance $17,000 1, 100 Notes receivable (due in 5 years) 5,200 Buildings 50,000 Accumulated depreciation-Buildings $18,000 Accounts payable 5,500 Notes payable (due in 3 years) 6,000 Common stock 8,000 Retained earnings 11,500 Dividends 4,000 Consulting revenue 39,500 Wages expense 4,100 Depreciation expense-Buildings 5,000 Insurance expense 2,100 Totals $88,500 $88,500 QS 3-23 Preparing a classified balance sheet LO C3 Use the Information adjusted trial balance to prepare Sierra Company's classified balance