The adjusted trial balance for Carter Bowling Alley at December 31, 2022, contains the following accounts.

a. Prepare a classified balance sheet; assume that $30,000 of the note payable will be paid in 2023.
b. Comment on the liquidity of the company.

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Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Debit $128,800 14,520 4,680 18,040 62,400 65,000 780 7,360 3,800 $305,380 Owner's Capital Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Service Revenue Credit $113,000 42,600 12,300 97,780 18,720 3,800 17,180 $305,380