Use the following selected accounts and amounts with normal balances from Andrea Company's adjusted trial balance...
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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. Accounts payable Land Cash Salaries payable 5. Andrea, Capital 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 42,800 Notes receivable (due in 4 years) 20,400 Merchandise inventory 2,200 ANDREA CO. Balance Sheet $ 4,050 16,200 29,400 7,100 15,300 5,050 December 31 Assets D 0 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 5. Andrea, Capital 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 42,800 Notes receivable (due in 4 years) 20,400 Merchandise inventory 2,200 ANDREA CO. Balance Sheet $ 4,050 16,200 29,400 7,100 15,300 5,050 December 31 Assets D 0
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