Use the following accounts with normal balances to prepare Bosco Companys classified balance sheet as of December 31.

Merchandise inventory Accounts receivable Cash and equivalents Notes payable (due in 8 years) Accumulated depreciation-Buildings $ 3,000 Land 5,000 Buildings 7,000 Accounts payable 15,000 Wages payable 22,000 A. Bosco, Capital $ 24,000 40,000 10,000 2,000 30,000 BOSCO COMPANY Balance Sheet December 31 Assets Current assets Total current assets Plant assets Total plant assets Total assets Liabilities Current liabilities Total current liabilities Long-term liabilities Total liabilities Equity Total liabilities and equity