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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. wwwwwww Accounts payable Land Cash Salaries payable S. Andrea, Capital Machinery Prepaid insurance Current assets Cash Accounts receivable Prepaid insurance Notes receivable Land Total current assets Long-term investments Long-term investments in bonds Machinery Merchandise inventory $8,000 Accounts receivable 30,000 Accumulated depreciation-Machinery 13,000 Notes payable (due in 7 years) 1,000 Long-term investments in bonds 42,000 Notes receivable (due in 4 years) 20,000 Merchandise inventory 2,000 ANDREA COMPANY Balance Sheet December 31 Assets Total long-term investments assets Plant assets $ 13,000 8,000 2,000 15,000 30,000 68,000 O $ 4,000 16,000 29,000 7,000 15,000 5,000
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