Prepare a Classified Balance Sheet. . Submit using Moodle Assigaments. E 4A Classified Balance Sheet Preparation A=Lt E LO 2 - Identify and define the basic components of financial reporting, and prepare a classified balance sheet. The following data pertain to Wagoner Company: Accounts Payable, $20,400; Accounts Receivable, $15,200; Accumulated Depreciation-Building, $5,600; Accumulated Depreciation-Equipment, $6,800; Bonds Payable, $24,000; Building, $28,000; Cash, $12,480, Copyright, $2,480, Equipment, $60,800; Inventory, $16,000; Investment in Corporate Securities (long-term), $8,000; Investment in Six-Month Government Securities, $6,560; Y. Wagoner, Capital, $95,280; Land, $3,200; Prepaid Rent, $480; and Revenue Received in Advance, $1,120. Prepare a classified balance sheet at December 31, 2014. Assume that this is Wagoner's first year of operations. Review the Zoom Lectures