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Value of assets Land $114000 Inventory $55000 Accounts Receivable $24000 Long-Term Investment in Stocks $36000 Intangible Assets $15000 Cash $26000 Notes Receivable (due in 3

image text in transcribedValue of assets

Land $114000

Inventory $55000

Accounts Receivable $24000

Long-Term Investment in Stocks $36000

Intangible Assets $15000

Cash $26000

Notes Receivable (due in 3 years) $26000

Trucks $46000 (Accumulated depreciation $12000)

Prepaid Expenses $10800

Supplies $10200

Liabilities & Equity

Accounts Payable $62000

Wages Payable $21000

Interest Payables $24000

Notes Payable (due in 9 years) $34000

Mortgage Payable (due in 20 years) $84000

J. Carter, Capital $126000image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

The CEO of Jisko requests our help in preparing year-end financial reports. The CEO explains that they are having difficulty classif arrontc The Tahlea dachhnard chnwc Deremher 31 vear-end data from the romnanv'c arrountinc civatem I iahilitioc & Fnitity Complete this question by entering your answers in the tabs below. Prepare a classified balance sheet at its December 31 year-end. (Hint: remember to include accumulated depreciation trucks.) Complete this question by entering your answers in the tabs below. Assume the company had a notes receivable of $2,000 that was to be collected within 3 months, how would it be reported on a classified balance sheet

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