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Selected accounts from Lue Company's adjusted trial balance for the year ended December 31 follow. Prepare a classified balance sheet. Total equity Equipment 5,100 $31,100
Selected accounts from Lue Company's adjusted trial balance for the year ended December 31 follow. Prepare a classified balance sheet. Total equity Equipment 5,100 $31,100 41,100 Salaries payable 35,100 Accounts receivable. 7,500 Cashi 53,500 Current portion of long-term debt Notes payable (due in 6 years) 10,000 LUE COMPANY Balance Sheet December 31 Employee federal income taxes payable Federal unemployment taxes payable FICA-Medicare taxes payable FICA-Social Security taxes payable Employee medical insurance payable. State unemployment taxes payable Sales tax payable (due in 2 weeks) $ 9,900 298 520 3,800 3,100 2,800 390 Current assets Total current assets Plant assets Assets
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