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Prepare a classified balance sheet at March 31. (List Current Assets in order of liquidity) NOVAK CLEANERS Balance Sheet Assets Liabilities and Stockholders' Equity $ Liabilities and Stockholders' Equity $ $ Cash 3/1 3/1 3/21 15,000 3/1 6,200 3/2 1,500 3/3 3/18 3/20 3/31 3/31 7,890 Accounts Receivable 3,600 3/21 4,100 7,700 1,320 2,220 500 1,910 360 800 3/31 Bal. 3/14 1,500 3/28 > 3/31 200 3/31 Bal. 6400 Supplies 3/6 1,800 3/31 1500 2110 Supplies 1,800 3/31 3/6 1500 3/31 Bal. 300 Prepaid Rent 3/2 1,320 3/31 440 3/31 Bal. 880 Prepaid Insurance 3/3 2,220 3/31 370 3/31 Bal. 1850 3/1 3/31 Bal. Equipment 7.700 7.700 Accumulated Depreciation-Equipment 3/31 230 3/31 Bal. 230 Notes Payable 6.200 6,200 Notes Payable 3/1 3/31 Bal. Accounts Payable 500 3/6 3/31 Bal. Salaries and Wages Payable 3/18 1,800 1,300 3/31 1080 3/31 Bal. 1080 Interest Payable 3/31 31 3/31 Bal. 31 Common Stock 3/1 3/31 Bal. Dividends 15,000 15,000 3/31 3/31 Bal. 800 800 Codice Dolnu Service Revenue 3/14 3,600 3/28 4,100 3/31 200 3/31 Bal 7900 3/31 3/31 Bal. Maintenance and Repairs Expense 360 360 Supplies Expense 3/31 1500 3/31 Bal. 1500 Depreciation Expense 3/31 230 3/31 Bal. 230 Insurance Expense 3/31 370 ari di ZOU Insurance Expense 3/31 370 3/31 Bal. 370 Salaries and Wages Expense 3/20 1,910 3/31 1080 3/31 Bal. 2990 Rent Expense 3/31 440 3/31 Bal. 440 Interest Expense 3/31 31 3/31 Bal. 31

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