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Use the following adjusted trial balance of Hanson Trucking Company to prepare a classified balance sheet as of December 31, 2020 Credit Debit $ 12,309

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Use the following adjusted trial balance of Hanson Trucking Company to prepare a classified balance sheet as of December 31, 2020 Credit Debit $ 12,309 28,900 2,400 163,000 $ 45,300 268,000 Account Title Cash Accounts receivable office supplies Trucks Accumulated depreciation, trucks Land Accounts payable Interest payable Long-term notes payable (due in 4 years) Stanley Hanson, capital Stanley Hanson, withdrawals Trucking revenue Depreciation expense, trocks Salaries expense office supplies expense Repairs expense, trucks Total 30,300 330 145,000 199,270 18,300 161,000 21,300 54,500 5,600 6.700 $581,200 $581,200 Required: Prepare a classified balance sheet. HANSON TRUCKING COMPANY Balance Sheet December 31, 2020 Assets Current assets Prey 1 of 2 BE Next > ON HANSON TRUCKING COMPANY Balance Shee +December 31, 2020 Assets Current assets: Cash Accounts receivable Office supplies ces $ $ 266,000 Total current assets Property, plant and equipment Land Trucks Less. Accumulated depreciation Total property, plant and equipment Total assets S Liabilities Current liabilities $ Total current liabilities Non-Current Liabilities WAV, Trucks Less: Accumulated depreciation Total property, plant and equipment Total assets $ 0 Liabilities Current liabilities: ces Total current liabilities Non-Current Liabilities: $ 0 Total non-current liabilities: Total liabilities $ 0 $ 0 Equity Total liabilities and equity $ 0

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