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Use the following adjusted trial balance of Hay Co to prepare a classified balance sheet as of December 31, 2020 Credit Det $ 1,200 29.500

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Use the following adjusted trial balance of Hay Co to prepare a classified balance sheet as of December 31, 2020 Credit Det $ 1,200 29.500 3.100 172.000 $ 46,200 277,000 Cash Accounts receivabile office supplies Trucks Accumulated depreciation, trucks Land Accounts payable Interest payable Long-tere notes payable (due in 4 years) Stanley Harison, capital Stanley Hanson, withdrawals Trucking revenue Depreciation expense, trucks Salaries expense office supplies expense Repairs expense, trucks Total 31,200 420 154,000 208,150 19,200 170,000 22,700 59,000 6,700 2.100 $610,000 $610,000 Required: Prepare a classified balance sheet HAY CO. Balance Sheet Balance Sheet December 31, 2020 Assets Current $ 0 Testament assets Property and equipment Total property, plant and equipment Total $ 0 Liabilities Current has 10 5 0 Total abilities Non Current Liabilities 5 Total non-cune bites Totalities 0 0 Equity Liabilities Current liabilities s 0 Total current liabilities Non-Current Liabilities 0 $ $ 0 Total non-current liabilities: Total liabilities Equity $ 0 Total liabilities and equity

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