[jlashlet50]

Use the following adjusted trial balance of Webb Trucking Company to prepare a classified balance sheet as of December 31, 2005.

Cash.. . $ 7,000
Accounts receivable.. . 16,500
Office supplies.. . 2,000
Trucks.. . 170,000
Accumulated depreciation—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 expense.. . 60,000
Office supplies expense.. . 7,000
Repairs expense—Trucks.. . 11,000
Totals.. . $390,000 $390,000

[morgaine300]

Please see the guidelines for posting homework problems at the top of this page in the big red print. You need to make some atttempt at doing your own work as we are not here to do it for you.

There's an example of a classified balance sheet here:
Principles of Accounting Chapter 4