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Selected accounts from Bennett Co s adjusted trial balance for the year ended December 31 follow. Prepaid rent Accounts receivable $ 2,700 $ 1,200 11,000

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Selected accounts from Bennett Co s adjusted trial balance for the year ended December 31 follow. Prepaid rent Accounts receivable $ 2,700 $ 1,200 11,000 14.000 21,000 Accounts payable Allowance for doubtful accounts Notes payable (due in 10 years) Noten receivable (due in 4 years) Cash Total equity 500 6,200 4,200 Prepare a classified balance sheet. Note: Allowance for doubtful accounts is subtracted from accounts receivable on the company's balance sheet BENNETT CO. Balance Sheet December 31 Assets Current assets Total current assets Long term investments Total assets Liabilities Current liabilities

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