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Please help me prepare the classified balance sheet. ...

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Accounting

Please help me prepare the classified balance sheet. image
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Saved Help Save &ExitSubmit kmy work mode : This show s what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question lance for K and J Nursery, Inc., listed the following account balances at December 31, 2018, the end of its fiscal year: cash, The trial bal $16,000; accounts receivable, $11,000;, inventories, $25,000; equipment (net). $80,000 $9,000; interest payable, $1,000; note payable (due in 18 months), $30,000; common stock, $50,000. accounts payable, $14,000; wages payable Prepare a classified balance sheet for K and J Nursery, Inc. The equipment originally cost $140,000. (Amounts to be deducted should de indicated by a minus sign.) Answer is not complete. K AND J NURSERY, INC Balance Sheet At December 31, 2018 Assets Current assets Cash Accounts receivable Inventories Equipment s 16,000 11,000 25,000 80,000 132,000 4

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