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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 Cash Salaries payable. Retained Earnings Machinery Prepaid insurance $ 12,200 Accounts receivable 37,000 Accumulated depreciation-Machinery 15,100 Notes payable (due in 7 years) 1,700 Long-term investments in bonds 27,600 Notes receivable (due in 4 years) 25,600 Merchandise inventory 4,800 Common stock) ANDREA COMPANY Balance Sheet December 31 Assets $ 4,700 18,800 34,600 8,400 19,200 5,700 25,600 Total assets Total liabilities Liabilities Equity 0 Total assets Liabilities Total liabilities Equity Total equity Total liabilities and equity 0 0
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