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The adjusted trial balance columns of the worksheet for Monty Company are as follows. Monty Company Worksheet (Partial) For the Month Ended April 30, 2022
The adjusted trial balance columns of the worksheet for Monty Company are as follows. Monty Company Worksheet (Partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,000 Accounts Receivable 7,980 Prepaid Rent 60 Equipment 22,800 Accumulated Depreciation-Equip. 4,500 Notes Payable 5,800 Accounts Payable 5,000 Common Stock 20,310 Retained Earnings 7,150 Dividends 3,750 Service Revenue 16,000 Salaries and Wages Expense 10,520 Rent Expense 900 Depreciation Expense 650 Interest Expense 90 Interest Payable 90 Totals 58,850 58,850 Prepare a classified balance sheet. (List Current Assets in order of liquidity.) Monty Company Balance Sheet April 30, 2022 Assets Current Assets Cash $ 10000 Accounts Receivable 7980 Total Current Assets $ Intangible Assets > $ Liabilities and Stockholders' Equity Current Assets $ $ $ $
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