Check my work QS 9-16 Preparing a balance sheet LO P2, P4, C3 Selected accounts from Bennett Co.'s adjusted trial balance for the year ended December 31 follow Prepaid rent Accounts receivable 2,700 18,500 29,000 37,70e Accounts payable Allowance for doubtful accounts Notes payable (due in 10 years) Notes receivable (due in 4 years) $ 4,200 1,80e 11,400 4,900 Cash Total equity Prepare a classified balance sheet. Note: Allowance for doubtful accounts is subtracted from accounts receivable on the company's balance sheet Prepare a classified balance sheet Note: Allowance for balance sheet BENNETT CO Balance Sheet December 31 Assets Current assets Total current assets 0 Long-term investments Total assets Liabilities Current liabilities Long-term liabilities Total liabilities 0 Equity Total equity Total liabilit es ard ecuity