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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
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 $ 13,400 Accounts receivable 39,000 Accumulated depreciation-Machinery 15, 700 Notes payable (due in 7 years) 1,900 Long-term investments in bonds $ 4,900 19,600 36,200 8,800 56, 400 Notes receivable (due in 4 years) 27,200 Merchandise inventory 20,400 5,900 Land Cash Salaries payable 5. Andrea, Capital Machinery Prepaid insurance 5,600 ANDREA CO Current assets Cash Accounts receivable Prepaid insurance Merchandise inventory Total curent assets Nes receivable Balance Sheet December 31 Assets $ 15,700 4.900 5,000 5,900 32.100 0
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