An alphabetical list of the adjusted trial balance accounts at July 31, 2014, for Delta Tours after its first month of operations is shown below:

Required
1. Calculate the capital balance as it would appear on the July 31, 2014, balance sheet.
2. Prepare a classified balance sheet

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Adjusted Account Account Balance 27,000 21,300 700 25,300 700 29,000 5,250 100 700 95,434 10,700 56,000 2,100 146,000 19,600 1,300 139,700 2,016 Accounts payable. Accounts receivable Accumulated depreciation, furniture Cash Depreciation expense, furniture Insurance expense. . . Interest receivable Jan Delta, capital Jan Delta, withdrawals Notes receivable (due in 6 months. Prepaid insurance Tour revenue Wages expense Wages payable Assume al accounts have a normal balarice.