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Selected accounts from Lue Company's adjusted trial balance for the year ended December 31 follow....

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Accounting

Selected accounts from Lue Company's adjusted trial balance for the year ended December 31 follow. Prepare a classified balance sheet.
Total equity
Equipment
Salaries payable
Accounts receivable
Cash
Current portion of long-term debt
Notes payable (due in 6 years)
$30,100 Employee federal income taxes payable
40,100 Federal unemployment taxes payable
34,100 FICA-Medicare taxes payable
5,300 FICA-Social Security taxes payable
50,300 Employee medical insurance payable
4,100 State unemployment taxes payable
10,000 Sales tax payable (due in 2 weeks)
$9,100
300
720
3,100
2,100
1,800
280
\table[[LUE COMPANY],[Balance Sheet],[December 31],[Assets],[Current assets],[Cash,$,50,300],[Accounts receivable,,5,300],[,,],[Total current assets,,55,600],[Plant assets],[Equipment,,40,100],[,,],[Total assets,$,95,700],[Liabilities],[Current liabilities],[Salaries payable,$,34,100],[Current portion of long-term debt],[,,],[,,],[,,]]
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