Question: a Required information Use the following information for Quick Studies below. [The following information applies to the questions displayed below) The following is the adjusted

 a Required information Use the following information for Quick Studies below.

[The following information applies to the questions displayed below) The following is

the adjusted trial balance of Sierra Company Account Title Cash Prepaid insurance

a

Required information Use the following information for Quick Studies below. [The following information applies to the questions displayed below) The following is the adjusted trial balance of Sierra Company Account Title Cash Prepaid insurance Notes receivable (due in 5 years) Buildings Accumulated depreciation-Buildings Accounts payable Notes payable (due in 3 years) H. Sierra, Capital H. Sierra, Withdrawals Consulting revenue Wages expense Depreciation expense-Buildings Insurance expense Totals Debit Credit $15,000 1,000 5,000 45,000 $17,000 5,000 5,500 18,000 3,500 34,500 4,000 4,500 2,000 $80,000 $80,000 QS 4-11 Preparing a classified balance sheet LO C3 Use the information adjusted trial balance to prepare Sierra Company's classified balanc SIERRA COMPANY Balance Sheet

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