Exercise 2-8 (Part Level Submission) These financial statement items are for Wildhorse Co. at year-end, July 31, 2017 Salaries and wages payable Salaries and wages expense Supplies expense Equipment Accounts payable Service revenue Rent revenue Notes payable (due in 2020) Common stock Cash Accounts receivable Accumulated depreciation-equipment $3,880 59,200 17,000 20,300 4,100 67,800 9,900 2,900 16,000 30,900 10,880 7,600 4,000 5,600 35,700 Depreciation expense Retained eamings (beginning of the year) Prepare a classified balance sheet at July 31. (List current assets in order of liquidity.) Wildhorse Co. Balance Sheet Assets Liabilities and Stockholders' Equity