ACC$1010$ CH $4$ Practice

Question $3$ of $4$

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

$\backslash$table$[[$Debit$,$Credit$],[$Buildings$,$$$128,300,$Owner's Capital,$$117,700],[$Accounts Receivable,$14,000,$Accumulated Depreciation$-$Buildings,$43,300],[$Prepaid Insurance,$4,000,$Accounts Payable,$],[$Cash$,18,900,$Notes Payable,$11,000],[$Equipment$,62,300,$Accumulated Depreciation,$97,500],[$Land$,68,800,\backslash$table$[[$Interest Payable$]],17,800],[$Insurance Expense,$800,$Service Revenue,$2,000],[$Depreciation Expense,$6,800,,17,300],[$Interest Expense,$2,700,,],[,$$$306,600,,(],[,,,306,600]]$

$($a$)$

Prepare a classified balance sheet; assume that $$28,000$ of the note payable will be paid in $2023.($List Current Assets in order of

SUNLAND BOWLING ALLEY

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