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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 Land Cash Salaries payable Retained Earnings Machinery Prepaid insurance $ 8,900 Accounts receivable 31,500 Accumulated depreciation-Machinery 13,450 Notes payable (due in 7 years) 1,150 Long-term investments in bonds $ 4,150 16,600 30,200 7,300 23,200 Notes receivable (due in 4 years) 15,900 5,150 21,200 21,200 Merchandise inventory 2,600 Common stock Current assets Cash Accounts receivable Merchandise inventory Prepaid insurance Total e Answer is not complete. ANDREA COMPANY Balance Sheet December 31 Assets $ 13,450 4,150 5,150 2,600 OF 360
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