S4-4 Preparing a balance sheet (classified, report form)

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

> Short Exercises S4-1 Preparing an income statement Dalron Hair Stylists's adjusted trial balance follows Prepare Dalton's income statemer for the year ended December 31, 2018. DALTON HAIR STYLISTS Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit $1,300 1,500 1,800 20,900 Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Common Stock Dividends Service Revenue $ 2,200 400 500 3,100 16,150 1,400 13,800 3,900 850 2,200 2,300 Rent Expense Supplies Expense Depreciation Expense-Equipment Interest Expense Total $36,150 36,150 Preparing a statement of retained earnings Refer to the data in Short Exercise $4-1. Prepare Dalton's statement of retain arnings for the year ended December 31, 2018. Preparing a balance sheet (unclassificd