In Accounting

Question 1 View Policies Current Attempt in Progress These items are taken from the financial statements of Carla Vista Co.at December 31, 2022. Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense Depreciation expense Interest expense Common stock Retained earnings (January 1, 2022) Accumulated depreciation-buildings Accounts payable Notes payable Accumulated depreciation equipment Interest payable Service revenue $124,844 14,868 3,776 13,971 97,232 72,216 920 6,254 3,068 70,800 47,199 53,808 11,210 110,448 22,090 4,248 17,346 Prepare a classified balance sheet. Assume that $16,048 of the note payable will be paid in 2023. (List Current Assets in order of liquidity and Property, Plant and Equipment in order of Land, Buildings and Equipment.) CARLA VISTA CO. Balance Sheet Assets Liabilities and Stockholders' Equity