| How to write out a classified balance sheet I have this problem with classified balance sheet. Adjusted trial balance of Webb trucking company to prepare a classified balance sheet as of december 31, 2005.
cash.......7000
accounts receivable....16,500
office supplies.....2,000
trucks....170,000
accumulated depression-trucks....35,000
land...75,000
accounts payable....11,000
interest payable...3,000
long-term notes. payable...52,000
k. webb capital....161,000
k. webb withdrawals...19,000
trucking fees earned..... 128,000
depreciation expense - trucks....22,500
salaries....60,000
office supplies expense....7,000
repair expense -trucks....11,000
total assets 235,500
k webb capital 169,500
i can not get the correct information in the correct headers. does anyone understand what i am looking for? If you can help I would appreciate all. Thank You so very much.
ps i have been working on this for days, Can someone Please Help I'm desperate. |