M Question 5 - Test 2 - Chapters 3 & 4 - Connect Chapters 3 & 4 i Saved Help Save & Exit Submit Use the following adjusted trial balance of Hanson Trucking Company to prepare a classified balance sheet as of December 31, 2020. Account Title Debit Credit Cash $ 13,000 Accounts receivable 29,600 Office supplies 3, 100 Trucks 170,060 Accumulated depreciation, trucks $ 46,000 Land 275,000 Accounts payable 31,000 1:44-14 Interest payable 400 Long-term notes payable (due in 4 years) 152, 000 Stanley Hanson, capital 206,200 Stanley Hanson, withdrawals 19,000 Trucking revenue 168,000 Depreciation expense, trucks 22,500 Salaries expense 58,060 Office supplies expense 6,500 Repairs expense, trucks 6,900 Total $603,600 $603, 600 Required: Prepare a classified balance sheet. HANSON TRUCKING COMPANY Balance Sheet December 31, 2020 Assets Current assets