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Use the following selected accounts and amounts with normal balances from Andrea Company's adjusted trial balance to prepare it classified balance sheet at December
Use the following selected accounts and amounts with normal balances from Andrea Company's adjusted trial balance to prepare it classified balance sheet at December 31. Accounts payable Land Cash Salaries payable Retained Earnings Machinery Prepaid insurance $ 10,400 Accounts receivable 34,000 Accumulated depreciation-Machinery 14,200 Notes payable (due in 7 years) $ 4,400 17,600 32,200 1,400 Long-term investments in bonds 25,200 Notes receivable (due in 4 years) 23,200 Merchandise inventory 3,600 Common stock 7,800 17,400 5,400 23,200 ANDREA COMPANY Current assets Cash Accounts receivable Total current assets Balance Sheet December 31 Assets
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