I need to prepare a classified balance sheet for a construction company at December 31, 2009 based on the following data:

Accounts payable... $ 74,300
Accounts receivable... 113,500
Buildings... 512,000
Owners’ equity, 1/1/09... 314,300
Cash... 153,600
Distributions to owners during 2009... 48,100
Supplies... 4,250
Land... 90,000
Mortgage payable... 423,400
Net income for 2009... 109,450
Owners’ equity, 12/31/09..

Can someone tell me if I did this correctly before I transfer to Excel?

Construction Company
December 31, 2009
Balance Sheet

Accounts Payable Credit 74,300
Accounts Receivable Debit 113,500
Buildings Debit 512,000
Owner's Equity 1-1-09 Credit 314,000
Cash Debit 153,600
Dist. to Owners 2009 Debit 48,100
Supplies Debit 4,250
Land Debit 90,000
Mortgage Payable Credit 423,400
Net Income 2009 Debit 109,450
Owner's Equity 12-31-09 Credit 812,000

This isn't a balance sheet at all. All you've done is re-copied all the accounts, in the same order, and put the normal (dr or cr) balance. One thing that is a clue that you can't just copy them over is that they're alphabetical. No statement is alphabetical.

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