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Use the following selected accounts and amounts with normal balances from Andrea Company's adjusted trial balance to prepare its classified balance sheet at December 31.
Use the following selected accounts and amounts with normal balances from Andrea Company's adjusted trial balance to prepare its classified balance sheet at December 31. Accounts payable. Land Salaries payable Cash Retained Earnings Machinery Prepaid insurance $ 8,300 Accounts receivable 30,500 Accumulated depreciation-Machinery 13,150 Notes payable (due in 7 years) 1,050 Long-term investments in bonds 22,400 Notes receivable (due in 4 years) 20,400 Merchandise Inventory 2,200 Common stock ANDREA COMPANY Balance Sheet December 31 Assets $4,050 16,200 29,400 7,100 15,300 5,050 20,400 Total assets Liabilities
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